An employee savings plan (ESP) is an employer-sponsored tax-deferred account, funded with contributions and typically used to save for retirement.  ( 25 min )

A SBO 401(k) is a tax-deferred, government-registered retirement savings plan for small business owners.  ( 23 min )

To lower your taxable income and tax bill, make sure that you're taking all of the exemptions that apply to you. They're found in federal, state, and local tax codes.  ( 26 min )

(Bloomberg) -- Elon Musk’s X Corp., formerly known as Twitter, filed a lawsuit accusing Media Matters of “maliciously” trying to drive away advertisers from the social media platform by reporting that ads for Apple Inc., International Business Machines Corp. and Oracle Corp. were running next to pro-Nazi content.Most Read from BloombergThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAINearly All of OpenAI Staff Threaten to Go to Microsoft If Board Doesn’t QuitCitigroup Cuts Over 300  ( 34 min )

The S&P 500 gained 0.7% on Monday, Nov. 20, 2023, adding to last week's gains amid optimism that slowing inflation will keep the Fed from raising interest rates.  ( 1 min )

Long-term Treasurys rallied on Monday after a promising $16 billion 20-year Treasury auction, an event investors have generally overlooked but have started to closely monitor in recent months amid surging Treasury yields.  ( 1 min )

U.S. equities began the holiday-shortened trading week higher at midday on Monday, Nov. 20, 2023 after optimism about slowing inflation buoyed markets last week.  ( 1 min )

Stock futures were mixed in premarket trading Monday after notching their third straight week of gains amid tamer inflation reports and optimism that interest rate hikes are in the rearview mirror.  ( 1 min )

The 2023 MFS Asset Allocation Survey showed about half of investment professionals expect an economic contraction over the next year and have raised the duration of their bond holdings.  ( 1 min )

A combination of weak mergers-and-acquisition deals, fund outflows in many areas, and increased costs could depress bonuses across much of the Street.  ( 1 min )

Microsoft hired Sam Altman after he was ousted by OpenAI and Cruise CEO Kyle Vogt resigned following a safety review. Here’s what investors need to know today.  ( 1 min )

Consider the pros and cons of using tax software versus an accountant when filing tax returns.  ( 23 min )

Today's best nationwide CD rates are 6.00% from SecurityPlus Federal Credit Union and 5.80% from Seattle Bank, with a top rate of 5.85% available on the leading jumbo CD.  ( 19 min )

With odds now slim for more Fed rate hikes, the best CD rates have begun slipping. So it's a smart time to snag one of today's historically high returns while you can.  ( 18 min )

The S&P 500 gained 0.7% on Monday, Nov. 20, 2023, adding to last week's gains amid optimism that slowing inflation will keep the Fed from raising interest rates.  ( 17 min )

Find out how short sellers provide a service to the market by acting as a check against overvalued companies and exposing unethical practices.  ( 29 min )

Learn how a 401(k) works, about 401(k) benefits, and what is a Roth 401(k).  ( 29 min )

Short sellers enable the markets to function smoothly by providing liquidity and also serve as a restraining influence on investors’ over-exuberance.  ( 28 min )

Argentina President-elect Javier Milei has promised to close the Central Bank of Argentina and embrace the U.S. dollar.  ( 19 min )

If you discover that you've contributed too much money to your Roth IRA for the year, there are ways to fix the problem and avoid tax penalties.  ( 26 min )

Amazon launched an artificial intelligence training program to help workers develop key skills as companies grapple with an AI talent shortage.  ( 17 min )

PENN Entertainment received a ratings upgrade and higher price target from Bank of America on the popularity of its new ESPN Bet app.  ( 17 min )

Microsoft shares surged to an all-time high Monday after hiring Sam Altman, the former CEO of ChatGPT maker OpenAI, to lead a new artificial intelligence team.  ( 17 min )

Toyota's U.S. financing arm was fined $60 million by regulators who said the lender illegally kept consumers from canceling loan bundles that raised the cost of their monthly payments.  ( 17 min )

Long-term Treasurys rallied on Monday after a promising $16 billion 20-year Treasury auction, an event investors have generally overlooked but have started to closely monitor in recent months amid surging Treasury yields.  ( 18 min )

Short selling occurs when an investor borrows a security, sells it on the open market, and expects to buy it back later for less money.  ( 37 min )

One of Spain's largest labor unions has called on 20,000 delivery and warehouse workers to participate in a "symbolic" strike on one of the biggest retail days of the fourth quarter.  ( 18 min )

In its features and benefits, a SIMPLE 401(k) plan is a cross between a SIMPLE IRA and a traditional 401(k) plan.  ( 26 min )

Form 1120-S: U.S. Income Tax Return for an S Corporation is used to report the income, losses, and dividends of S corporation shareholders.  ( 25 min )

Understand how the process of short selling allows a person to sell a stock without technically owning it.  ( 25 min )

An individual retirement annuity is an investment vehicle—similar to an individual retirement account—that is offered by insurance companies.  ( 24 min )

It’s a big shakeup for General Motors’ self-driving taxi unit, Cruise. Co-founder and CEO Kyle Vogt announced he was stepping down over the weekend  ( 18 min )

If you received unemployment compensation or a tax refund, you might get Form 1099-G. Find out what it is, why you received one, and more.  ( 27 min )

Blue lobsters are a sight to see, but how easy is it to get your hands on one, and how much do they cost?  ( 23 min )

The top ETFs of 2023 include XLC, IGM, XLK, IGV, and SCHG.  ( 20 min )

U.S. equities began the holiday-shortened trading week higher at midday on Monday, Nov. 20, 2023 after optimism about slowing inflation buoyed markets last week.  ( 17 min )

Capping off a week of wild swings, mortgage rates held mostly steady Friday, keeping the 30-year average near its lowest point since in more than 2 months.  ( 19 min )

Bristol-Myers Squibb and 2seventy bio shares dropped after the FDA said it would not make a decision on expanded use of the companies' cancer drug next month.  ( 17 min )

You can take money out of a Roth IRA, but learn when and how to do so to avoid any taxes and penalties. Read on to learn about Roth IRA withdrawal rules.  ( 32 min )

Equity and debt investments offer two different ways for investors take part in real estate crowdfunding.  ( 25 min )

A Roth IRA is a retirement plan that comes with many benefits. Learn how to open a Roth IRA in a few steps.  ( 33 min )

Claudia Goldin, an American economic historian and labor economist, is the 2023 recipient of the Nobel Memorial Prize in Economic Sciences. The third woman to be awarded the prize, and the first woman to have won it solo, her work focuses on the history of women's participation in the American labor market.  ( 25 min )

Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 36 min )

Certificates of deposit (CDs) are a good option for conservative investing. Learn about KeyBank’s CDs and rates to see if they’re right for your financial goals.  ( 24 min )

Bank of America offers many personal financial products, including savings accounts. See if Bank of America’s rates are attractive enough for your deposit.  ( 23 min )

Microsoft hired Sam Altman as head of a new artificial intelligence research team after he was fired as CEO of OpenAI.  ( 17 min )

The 2023 MFS Asset Allocation Survey showed about half of investment professionals expect an economic contraction over the next year and have raised the duration of their bond holdings.  ( 18 min )

Thanksgiving Week will bring more earnings reports from retail companies, minutes from the FOMC meeting, and Black Friday sales events.  ( 22 min )

Curry was the eighth highest-paid athlete in the world in 2023, but he makes millions off the court, too.  ( 19 min )

A combination of weak mergers-and-acquisition deals, fund outflows in many areas, and increased costs could depress bonuses across much of the Street.  ( 17 min )

Microsoft hired Sam Altman after he was ousted by OpenAI and Cruise CEO Kyle Vogt resigned following a safety review. Here’s what investors need to know today.  ( 18 min )

A lottery is a low-odds game of chance or process in which winners are decided by a random drawing.  ( 24 min )

Opening your first IRA should be just an early step in your ongoing financial education. But the more help you need, the higher fees you're likely to pay.  ( 25 min )

Why catch-up contributions aren't part of Actual Deferral Percentage testing and how the IRS levels the playing field via non-discrimination tests.  ( 20 min )

Roth IRAs boast big tax perks. Learn how they work so you can take full advantage of them.  ( 27 min )

You need to earn income to contribute to a Roth IRA. However, married couples can use a spousal Roth IRA to fund two accounts, even if just one spouse earns income.  ( 28 min )

Defined-benefit plans are a thing of the past for most private-sector workers, but there are other ways to shore up your retirement.  ( 24 min )

Find out if cash balance pensions are the right solution for your small business.  ( 23 min )

Getting married has many financial positives (and a few negatives) but recent changes in the federal tax code have removed much of the downside.  ( 30 min )

Focusing only on pay when job hunting may be a mistake. Find out which benefits have the highest payoff in the long run.  ( 25 min )

With the shift away from pensions, workers are becoming more responsible for their own retirement needs. Unfortunately, many are falling short.  ( 26 min )

When looking through fund options for your Roth IRA with Edward Jones, VTI and SPAB can provide a solid starting point.  ( 25 min )

You are probably paying off your student loans and retirement is 40 years away. Shouldn't you focus on eliminating debt and, maybe, saving for a home?  ( 30 min )

Some relatively painless moves allow you to save money, and the payoff can grow to thousands of dollars if the savings are invested over decades.  ( 31 min )

People of any age can fund a Roth IRA if their earned income covers the contributions. Teens can earn decades of compound interest by investing early.  ( 26 min )

With odds now slim for more Fed rate hikes, the best CD rates have begun slipping. So it's a smart time to snag one of today's historically high returns while you can.  ( 20 min )

Investors are betting that Paramount is exploring more M&A.  ( 36 min )

Nvidia's stock reached a record high ahead of the company's earnings report, set for release on Tuesday after the bell.  ( 36 min )

Tesla CEO Elon Musk defended himself against charges he is antisemitic over the weekend.  ( 29 min )

Software company C3.ai cut jobs last week, citing employee performance and the need for cost savings, Bloomberg News reported on Monday. The software company had 914 full-time employees, with 746 based in the United States and 168 in its international locations, as of April 30, according to a regulatory filing.  ( 34 min )

Warren Buffett expects economic trouble, so he's keeping an unprecedented amount of powder dry for when bargains and deals emerge, Steve Hanke says.  ( 34 min )

OpenAI's boardroom decision has left investors and Silicon Valley stunned.  ( 37 min )

“The evolution of the U.S. housing market has been Herculean or devastating depending on where you look,” the strategists wrote in their forecast.  ( 36 min )

The resignation marks the latest setback for a company that only recently started selling its first model.  ( 28 min )

By hiring Sam Altman and Greg Brockman to a new in-house advanced AI research team, Microsoft flipped the script in the OpenAI debacle.  ( 35 min )

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The Tesla CEO defended himself against charges he is antisemitic over the weekend.  ( 28 min )

Richards, who has more than 30 years of experience in asset management, led M&G Investments before joining Fidelity as chief executive officer in 2018, replacing Brian Conroy. During her term as CEO, assets managed by Fidelity grew significantly, to $714.3 billion.  ( 33 min )

Capping off a week of wild swings, mortgage rates held mostly steady Friday, keeping the 30-year average near its lowest point since in more than 2 months.  ( 20 min )

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A lot of people stand to lose a lot of money if OpenAI tries to forge on without Sam Altman.  ( 35 min )

It's often difficult for investors to find stocks that provide both appreciation and a high-yielding dividend. Often, the only reason for a high-yielding dividend is that the stock has declined significantly in share price. But what if there was a stock that not only boasted a high-yielding dividend but also outperformed all of its peers over the past 52 weeks, achieving significant gains and distributing a monthly dividend? Take a look at one real estate investment trust (REIT) that has crushed  ( 36 min )

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(Bloomberg) -- Hundreds of OpenAI employees have threatened to resign and follow ousted leader Sam Altman to Microsoft Corp. unless the current board resigns, following its poorly handled firing of the chief executive officer on Friday.Most Read from BloombergMicrosoft Ends Weekend of OpenAI Drama With Coup of Its OwnThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI’s Murati Aims to Re-Hire Altman, Broc  ( 35 min )

After weekend of drama, Microsoft now has two of the biggest names in AI working directly for their company.  ( 36 min )

Saving for retirement is a fundamental part of financial planning, where starting early can significantly enhance the growth potential of your savings. While a common guideline suggests saving 10% to 15% of your annual income, individual needs vary. For those aiming to boost their retirement funds significantly, converting $100,000 into $1 million is a challenge but achievable with a well-devised investment strategy and a long-term perspective. The National Study of Millionaires reveals that 75%  ( 35 min )

(Bloomberg) -- The lending arm of Toyota Motor Corp. will pay $60 million to settle allegations by a US regulator that it misled customers into buying extra products that boosted their payments and then gave them a runaround when they tried to cancel.Most Read from BloombergThe Doomed Mission Behind Sam Altman’s Shock Ouster From OpenAIMicrosoft Ends Weekend of OpenAI Drama With Coup of Its OwnCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Threaten  ( 35 min )

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The country's third-largest bank begins a new round of job cuts Monday, punctuating a challenging year for Wall Street.  ( 36 min )

Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 36 min )

But Latin America’s third-largest economy is broke and lacks funds to swap the nearly worthless peso for the greenback  ( 30 min )

Argentina's U.S.-listed companies are enjoying a moment in the sun. Shares in at least four Argentinian companies jumped Monday after the election victory Sunday by Javier M  ( 24 min )

Microsoft has hired Sam Altman, stopping one of the biggest names in artificial intelligence from joining a rival.  ( 24 min )

The week is off to an ugly start for some pharmaceutical investors. Bayer said it is halting a trial for asundexian, an experimental cardiovascular drug, due to a lack of efficacy in tre  ( 23 min )

Microsoft has moved fast to contain the OpenAI fallout. However, Google, Amazon and Nvidia could all seek to take advantage in their own ways.  ( 27 min )

The Consumer Financial Protection Bureau on Monday said Toyota Motor Credit will pay a $12 million civil fine, and $48 million to harmed consumers. Toyota Motor Credit provides financing for people who buy vehicles at Toyota dealerships. According to the CFPB, thousands of consumers complained to Toyota Motor Credit that dealers lied about whether these products were mandatory, or rushed the paperwork so they wouldn't realize how much they were paying.  ( 34 min )

OpenAI gave investors a single minute's advance warning that it was firing co-founder Sam Altman, and now as it goes through three CEOs in four days, and maybe the board of directors too, Microsoft is snapping up everyone it can.  ( 37 min )

Citigroup moved ahead with the next layer of changes across its businesses and functions, a move to reorganize it said would involve difficult and consequential decisions.  ( 27 min )

Deutsche Bank analyst Scott Deuschle upgraded Boeing stock to Buy from Hold. His price target went to $270 from $204, about 30% above recent trading levels.  ( 22 min )

Long-term care insurance is an important way to mitigate risk in retirement. Unexpected health issues and the related costs can take over a retiree’s financial life if they don’t have a plan to pay for costs of care. The cost of such a policy will depend on a handful of factors – including your age […] The post I Was Quoted $2,000 Per Year for Long-Term Care Insurance. Is That Too Much? appeared first on SmartReads by SmartAsset.  ( 35 min )

Bitcoin and other cryptocurrencies rose Monday amid continued optimism over the approval of exchange-traded funds.  ( 22 min )

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Signals are finally getting stronger for the global smartphone market. Chinese handset makers like Huawei, which had been locked out of the race by U.S. sanctions, are dialing back in.  ( 27 min )

Nvidia shares have been flying higher ahead of the company's earnings, which are due Tuesday. One clue from the options market indicates investors aren't quite as euphoric as they were a few months ago. Betting on a disappointing result will cost investors a bit extra in the options market this  ( 23 min )

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The chief executive of NRG Energy has left the company and will be replaced by the board’s chairman while it searches for a permanent successor.  ( 26 min )

Milton Friedman was not renowned for being soft and cuddly. The father of monetarist economics inspired tough central bank crackdowns on inflation that triggered recessions and provided the intellectual ballast for Margaret Thatcher, the Iron Lady.  ( 38 min )

As the holiday-shortened week begins, focus has shifted to weighing when the Federal Reserve could start cutting rates.  ( 37 min )

As the holiday-shortened week begins, focus has shifted to weighing when the Federal Reserve could start cutting rates.  ( 35 min )

As the holiday-shortened week begins, focus has shifted to weighing when the Federal Reserve could start cutting rates.  ( 35 min )

Deutsche Bank analyst Scott Deuschle upgraded Boeing stock to Buy from Hold. His price target went to $270 from $204, about 30% above recent trading levels.  ( 22 min )

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I am feeling hopeless. I am 60 years old and have only $15,000 saved. I will get a 80% pension from the state of Massachusetts and be able to retire in three years. What can I possibly do to increase my savings now? – Joy There's no question that $15,000 is a small amount of […] The post Ask an Advisor: I’m 60 and ‘Feeling Hopeless’ With Just $15k Saved. What Can I Do Now to Increase My Retirement Savings? appeared first on SmartReads by SmartAsset.  ( 36 min )

(Bloomberg) -- OpenAI co-founder Sam Altman is joining Microsoft Corp. to lead its AI effort after the board replaced him with Twitch’s ex-CEO, a stunning reversal for the widely respected tech-evangelist who helped jumpstart the artificial intelligence boom.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIOpenAI Board Urged by Microsoft, Investors to Restore AltmanOpenAI’s Murati Aims  ( 37 min )

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GM’s Cruise CEO resigns amid safety concerns, investors will eye Fed minutes for signs of rate cuts, and other news to start your day.  ( 39 min )

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Citigroup employees expect the bank to announce layoffs and senior management changes on Monday as part of its biggest reorganization in decades, according to five sources with knowledge of the matter. Executives are also likely to announce senior management changes by email, the source said. Citigroup declined to comment.  ( 34 min )

Artificial intelligence chip leader Nvidia will likely deliver yet another blockbuster revenue forecast on Tuesday. The results will also be a major test for the AI-powered rally that has helped drive up the U.S. stock market this year, with the Philadelphia semiconductor index up nearly 50% in 2023. "There is an underlying assumption that Nvidia has total market dominance ... so anything that affects that perception, whether it be because of the business performance or because of risks to certain markets, that is going to temper enthusiasm," Capital.com analyst Kyle Rodda said.  ( 35 min )

Can these well-known companies be the market darlings of 2024?  ( 37 min )

(Bloomberg) -- It’s touted as crypto’s big breakthrough on Wall Street: The imminent arrival of Bitcoin exchange-traded funds that will kick open digital-currency investing to the institutional and retail masses. Most Read from BloombergThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Taps ex-Twitch CEO to Lead as Altman Joins MicrosoftOpenAI’s Murati Aims to Re-Hire Altman, Brockman After ExitsOpenAI  ( 36 min )

President-elect Javier Milei faces runaway inflation and empty coffers after decades of economic mismanagement.  ( 28 min )

Expectations for the chip maker’s earnings report due Tuesday are sky high. Nvidia’s earnings beat Wall Street expectations in 19 of the last 20 quarters..  ( 30 min )

Sam Altman, the ousted chief executive at OpenAI, will be joining Microsoft to lead a new advanced AI research team, the CEO of GM's Cruise self-driving technology and taxi business resigns, and Zoom Video reports quarterly earnings Monday.  ( 22 min )

How much is Sam Altman worth? Quite a bit judging by Microsoft's stock price. Shares in the tech colossus rose more than 2% Monday in offhours trading after [it hired the artificial-intelligence expert](https://www.wsj.com/tech/ai/openai-leadership-hangs-in-balance-as-sam-altmans-counte-rebellion-g  ( 22 min )

(Bloomberg) -- OpenAI’s board hired Emmett Shear, formerly of Twitch, as chief executive officer, defying calls from investors to reinstate the ousted Sam Altman, according to people familiar with the matter. Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIAltman Sought Billions For Chip Venture Before OpenAI OusterArgentina  ( 33 min )

(Bloomberg) -- Shares of China’s small and medium-sized companies are poised to enter a bull market, defying a broader slump in local equities.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIOpenAI Board Urged by Microsoft, Investors to Restore AltmanOpenAI’s Murati Aims to Re-Hire Altman, Brockman After ExitsAltman Sought Billions For Chip Venture Before OpenAI OusterThe Beijing Stoc  ( 33 min )

Microsoft CEO Satya Nadella on Monday said that ousted OpenAI CEO Sam Altman and Greg Brockman will be joining Microsoft to lead a new advanced AI research team. Nadella also appeared to confirm Emmett Shear's reported appointment as the new OpenAI CEO, saying they are "looking forward to getting to know Emmett Shear and OAI's new leadership team and working with them."  ( 33 min )

Citigroup employees expect the bank to announce layoffs and senior management changes on Monday as part of its biggest reorganization in decades, according to five sources with knowledge of the matter. The job cuts could affect thousands of staff, according to a source familiar with the situation who was not authorized to speak publicly. Executives are also likely to announce senior management changes by email, the source said.  ( 34 min )

Capping off a tumultuous weekend at OpenAI that culminated in investors -- and a contingent of employees -- attempting to convince the company's board to hire back former Y Combinator president Sam Altman after firing him on Friday, Altman won't be returning as CEO, according to a report in The Information. Citing an internal memo sent by Ilya Sutskever, board director and one of OpenAI's co-founder, Altman has decided to walk away from negotiations -- at least for the time being. As the search for a new permanent CEO continues, OpenAI has appointed Emmett Shear, the co-founder of video streaming site Twitch, as interim CEO -- replacing Mira Murati, who held the position for only two days.  ( 34 min )

(Bloomberg) -- Healthy companies led by competent, commercially successful and globally beloved founders generally don’t tend to fire them. And, as Sam Altman walked on stage in San Francisco on Nov. 6, all those things could have described his role at OpenAI.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAIOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billi  ( 41 min )

Weight loss was the talk of this earnings season, making names such as Wegovy, Ozempic and Mounjaro the water-cooler discussion that companies across the globe could not ignore. A Reuters analysis of earnings transcripts for the third quarter showed "GLP-1" or alternatives like "obesity" or "weight-loss medications" were mentioned 256 times across 29 U.S. and European healthcare and consumer companies. "It's definitely a hot topic," said Jeff Jonas, portfolio manager at Gabelli Funds.  ( 35 min )

Despite recent declines, SoFi stock stock is having a stellar year.  ( 34 min )

Sam Altman’s bid to return to OpenAI after being ousted Friday faltered late Sunday, as the board that fired him opted not to agree to proposed terms of his reinstatement.  ( 33 min )

Asian shares were higher Monday after Wall Street closed its third straight winning week with a tiny gain. U.S. futures were lower while oil prices gained as investors looking ahead to OPEC plus meetings.  ( 36 min )

Shares of Foxtron Vehicle Technologies, a unit of iPhone supplier Foxconn, fell as much as 9% in their market debut on Monday, hurt concerns over potential headwinds in the highly competitive electric vehicle market. In addition to inflation and high interest rates which have raised the cost of buying a car, EV makers are also grappling with supply-chain bottlenecks and pricing pressure from the likes of Tesla, which led EV price cuts this year. Tesla CEO Elon Musk last month raised concerns about expanding factory capacity until interest rates ease, echoing similar notes of caution from General Motors and Ford.  ( 34 min )

Bitcoin enthusiasts eagerly awaiting the green light for a Bitcoin exchange-traded fund (ETF) will need to be patient.  ( 33 min )

(Bloomberg) -- OpenAI’s interim Chief Executive Officer Mira Murati plans to re-hire her ousted predecessor Sam Altman and former President Greg Brockman in a capacity that has yet to be finalized, according to people with direct knowledge of the matter.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterThe Doomed Mission Behind Sa  ( 34 min )

(Bloomberg) -- Elon Musk railed against “bogus” media reports accusing him of antisemitism, issuing his strongest response yet after endorsing antisemitic content in a post on X that provoked outrage and alienated advertisers like Apple Inc.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterThe Doomed Mission Behind Sam Altman's Sh  ( 34 min )

(Bloomberg) -- Stocks rose in Asia following gains on Wall Street amid optimism the Federal Reserve is about to end its tightening cycle. Japan’s Nikkei 225 Stock Average climbed to a fresh 33-year high.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterThe Doomed Mission Behind Sam Altman's Shock Ouster From OpenAISpaceX Starship  ( 36 min )

BUENOS AIRES/LONDON (Reuters) -Far-right libertarian Javier Milei's strong win in Argentina's presidential election could boost bonds and equities but put downward pressure on the peso currency, investors said on Monday. The outsider radical, who has pledged to "burn down" the central bank and dollarize the economy, beat Peronist economy chief Sergio Massa in Sunday's vote, though he struck a measured tone in his first speech as president-elect. JPMorgan's Diego W. Pereira said in a note to clients late on Sunday that it would not change its recommendation on Argentina's international bonds from its measured "market weight" stance.  ( 34 min )

You need to earn income to contribute to a Roth IRA. However, married couples can use a spousal Roth IRA to fund two accounts, even if just one spouse earns income.  ( 28 min )

(Bloomberg) -- Argentina investors cheered libertarian economist Javier Milei’s bigger-than-expected win in Sunday’s presidential vote and his pledges to usher in a radical remake of South America’s second-largest economy.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterThe Doomed Mission Behind Sam Altman's Shock Ouster From Ope  ( 35 min )

Hong Kong stocks moved higher in early trading, with investors looking ahead to fresh tech earnings while shaking off some disappointment over Alibaba’s quashed spinoff.  ( 25 min )

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With the shift away from pensions, workers are becoming more responsible for their own retirement needs. Unfortunately, many are falling short.  ( 26 min )

(Bloomberg) -- The shocking decision by Alibaba Group Holding Ltd. to cancel the spinoff of its cloud division is offering a fresh reason for investors to sell China tech stocks in an earnings season yielding mixed results.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterSpaceX Starship Explodes Though Craft Reached New Milestone  ( 36 min )

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Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Mid-East supply disruption brought about by the Israel-Hamas conflict. Brent crude futures climbed 11 cents, or 0.1%, to $80.72 a barrel by 0012 GMT while U.S. West Texas Intermediate crude was at $75.97 a barrel, up 8 cents. Both contracts settled 4% higher on Friday after three OPEC+ sources told Reuters that the producer group, made up of the Organization of the Petroleum Exporting Countries and their allies including Russia, is set to consider whether to make additional oil supply cuts when it meets on Nov. 26.  ( 34 min )

(Bloomberg) -- Healthy companies led by competent, commercially successful and globally beloved founders generally don’t tend to fire them. And, as Sam Altman walked on stage in San Francisco on Nov 6., all those things could have described his role at OpenAI.Most Read from BloombergOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterOpenAI Negotiations to Reinstate Altman Snag Over Board RoleSpaceX Starship Explodes Though Craf  ( 41 min )

Landen moeten meer klimaatactie ondernemen om te voorkomen dat de aarde deze eeuw met bijna 3 graden opwarmt. Dat concludeert de klimaatafdeling van de Verenigde Naties in een nieuw rapport. De gevolgen van zo'n opwarming zijn niet mals.  ( 12 min )

Het kabinetsplan om verkeersboetes te verhogen stuit op weerstand van de Raad van State. De boetes voor lichte vergrijpen gaan omhoog om gaten in de begroting te dichten, maar dat vindt het adviesorgaan geen goede reden.  ( 9 min )

Europese bedrijven kunnen langer rekenen op staatssteun voor de energiekosten. De Europese Commissie kondigde maandag aan dat een aantal versoepelingen in de regels langer van kracht blijven, zodat EU-landen hun "vangnet" de komende winter nog in stand kunnen houden.  ( 8 min )

Automobilisten en motorrijders betalen vanaf 1 januari 2025 geen tol meer als ze door de Westerscheldetunnel rijden. Demissionair minister Mark Harbers (Verkeer en Waterstaat) en de Zeeuwse gedeputeerde Harry van der Maas ondertekenden maandag een overeenkomst daarover.  ( 9 min )

De rentes voor hypotheken zitten al enkele weken in een dalende lijn. Vooral mensen die hun rente wat minder lang willen vastzetten, zijn nu minder duur uit. Dat blijkt uit cijfers van adviesbureaus Van Bruggen en De Hypotheekshop.  ( 9 min )

Het was een wild weekend bij OpenAI, het bedrijf achter de succesvolle AI-chatbot ChatGPT. Vrijdag werd directeur en medeoprichter Sam Altman ontslagen. Na een chaotisch weekend gaat Altman nu aan de slag bij Microsoft. Maar hoe gaat OpenAI verder?  ( 11 min )

Het was een wild weekend bij OpenAI, het bedrijf achter de succesvolle AI-chatbot ChatGPT. Vrijdag werd directeur en medeoprichter Sam Altman ontslagen. Na een chaotisch weekend gaat Altman nu aan de slag bij Microsoft. Maar hoe gaat OpenAI verder?  ( 11 min )

Het kabinetsplan om de huurprijzen in de vrije sector te beperken, kent grote risico's. Volgens de Raad van State, een belangrijk adviesorgaan, kan het plan tot minder huurhuizen leiden.  ( 10 min )

De maximaal toegestane rente op een lening gaat in januari omhoog naar 15 procent. Dit betekent dat het duurder kan worden om geld te lenen voor nieuwe spullen.  ( 8 min )

Sam Altman, die vrijdag werd ontslagen als directeur bij OpenAI, heeft alweer een nieuwe baan. Hij gaat aan de slag bij Microsoft en krijgt daar de leiding over een team dat zich bezighoudt met kunstmatige intelligentie.  ( 9 min )

De euro is gestegen naar het hoogste niveau sinds eind augustus. De Europese munt leeft vooral op doordat de Amerikaanse dollar in waarde daalt. Beleggers vrezen dat de rente in de VS omlaaggaat, wat de Amerikaanse munt minder aantrekkelijk maakt.  ( 8 min )

De rechtbank Den Haag buigt zich vandaag over de vraag of de coronasteun eerlijk is verdeeld over werknemers in loondienst en zzp'ers. De Werkvereniging vindt van niet en heeft daarom de Staat gedagvaard.  ( 9 min )

Sam Altman, die vrijdag werd ontslagen als directeur bij OpenAI, heeft alweer een nieuwe baan. Hij gaat aan de slag bij Microsoft en krijgt daar de leiding over een team dat zich bezighoudt met kunstmatige intelligentie.  ( 8 min )

Eneco heeft plannen om een groenewaterstoffabriek van zo'n twintig voetbalvelden groot te bouwen in het havengebied van Rotterdam. De nieuwe fabriek, waarvoor Eneco samenwerkt met het Japanse moederbedrijf Mitsubishi, moet groene waterstof gaan leveren aan industriële klanten.  ( 9 min )

De lonen zijn in oktober harder gestegen dan in de maanden ervoor, ziet werkgeversvereniging AWVN. Toch zijn die cijfers een stuk minder representatief. In de herfstmaand zijn slechts veertien nieuwe cao's afgesloten.  ( 9 min )

Ruud Sondag, de interim-topman van Schiphol, is bang dat de luchthaven uiteindelijk nog verder moet krimpen nu het eerdere krimpplan is opgeschort. Hij vreest nu voor juridisch getouwtrek en de gevolgen daarvan.  ( 9 min )

Ruud Sondag, de interim-baas van Schiphol, is bang dat de uiteindelijke krimp van de luchthaven nog groter zal worden nu het eerdere plan tot inkrimpen is opgeschort. Dat komt volgens hem onder meer door juridisch getouwtrek.  ( 9 min )

PENN Entertainment received a ratings upgrade and higher price target from Bank of America on the popularity of its new ESPN Bet app.  ( 1 min )

Amazon launched an artificial intelligence training program to help workers develop key skills as companies grapple with an AI talent shortage.  ( 1 min )

Toyota's U.S. financing arm was fined $60 million by regulators who said the lender illegally kept consumers from canceling loan bundles that raised the cost of their monthly payments.  ( 1 min )

One of Spain's largest labor unions has called on 20,000 delivery and warehouse workers to participate in a "symbolic" strike on one of the biggest retail days of the fourth quarter.  ( 1 min )

It’s a big shakeup for General Motors’ self-driving taxi unit, Cruise. Co-founder and CEO Kyle Vogt announced he was stepping down over the weekend  ( 1 min )

Bristol-Myers Squibb and 2seventy bio shares dropped after the FDA said it would not make a decision on expanded use of the companies' cancer drug next month.  ( 1 min )

About half of the bank’s assets in the closely watched auction fall into the rent-regulated category.  ( 27 min )

After being fired on Friday, investors raced to reinstate him—but first the new role and members of the board that fired him need to be sorted out.  ( 34 min )

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(Reuters) -Ousted OpenAI CEO Sam Altman and former President Greg Brockman joined executives at the company's San Francisco headquarters on Sunday after interim CEO Mira Murati told staff she invited Altman, The Information reported on Sunday. Altman is discussing a possible return to the company behind the ChatGPT bot even as he considers launching a new artificial intelligence (AI) venture, Reuters reported on Sunday. The board of the company on Friday fired Altman, who to many was the human face of generative AI, sending shock waves across the tech industry.  ( 33 min )

(Bloomberg) -- The Treasury market’s nascent rally is facing its next big test: a bond auction that will help gauge whether investors are confident 2023’s selloff is over once and for all.Most Read from BloombergOpenAI Board Urged by Microsoft, Investors to Restore AltmanSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionAltman Sought Billions For AI Chip Venture Before OpenAI OusterHackers Are Exploiting a Flaw in Citrix So  ( 35 min )

Agilent, Analog Devices, HP, and others will also report quarterly results. Investors will also see Fed minutes from early November, as well as data on real estate, durable goods, and manufacturing.  ( 26 min )

The knife was wielded in true Silicon Valley fashion: over video call.  ( 38 min )

(Bloomberg) -- In the weeks leading up to his shocking ouster from OpenAI, Sam Altman was actively working to raise billions from some of the world’s largest investors for a new chip venture, according to people familiar with the matter. Most Read from BloombergOpenAI Board Urged by Microsoft, Investors to Restore AltmanSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionBill Ackman Defends Elon Musk After Backlash Over Antis  ( 36 min )

Results from the stock market's 2023 darling could drive the direction of the market in the week ahead.  ( 37 min )

(Bloomberg) -- Since OpenAI fired its co-founder and Chief Executive Officer Sam Altman on Friday, a host of players across the tech industry have come onto the scene.Most Read from BloombergOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterSpaceX Starship Explodes Though Craft Reached New MilestonesOpenAI Negotiations to Reinstate Altman Snag Over Board RoleSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionFrom c  ( 36 min )

Probate is a legal process that verifies the validity of a deceased person’s will. This includes addressing debts and distributing remaining assets. If you die without a will or a living trust, probate can substantially influence the transfer of your assets. Here's what you need to know to avoid the probate process. If you want […] The post How to Avoid Probate on Your Bank Accounts appeared first on SmartReads by SmartAsset.  ( 34 min )

Berkshire Hathaway’s latest 13F filing is a "cautious" signal for retail investors.  ( 35 min )

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Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.  ( 36 min )

My wife and I are both 65 years old. She will retire this year and I'll work until I'm 67. We'll get about $42,000 in Social Security and have about $1 million in savings. Can we live on $90,000 per … Continue reading → The post Ask an Advisor: We're 65, Have $1 Million Saved and $42K in Social Security Benefits. Can We Live on $90K Per Year? appeared first on SmartAsset Blog.  ( 34 min )

I'm 73 and my 401(k) hasn't been doing well for the last few years. Would it be a good idea for me to withdraw my money from my 401(k) and pay the tax that I will have to pay eventually anyway, and then invest the rest of my money in CDs? -Archie Your desire for […] The post Ask an Advisor: I'm 73 and My 401(k) ‘Hasn't Been Doing Well.’ Should I Withdraw My Money and Invest in CDs? appeared first on SmartReads by SmartAsset.  ( 36 min )

I've been debating whether to pay off my mortgage. I've refinanced at 2.375% and can get a certificate of deposit (CD) for a year at 4%. I was adding to my mortgage payment by about $1,000 a month to pay … Continue reading → The post Ask an Advisor: Should I Pay off My Mortgage or Invest in CDs? I Refinanced My Mortgage at 2.375%, But I Can Get a CD at 4%. Plus, I Want to Retire in 7 Years. appeared first on SmartAsset Blog.  ( 36 min )

Retiring at 40 with $2 million is an ambitious goal, but that doesn't mean it's impossible. While you'll need a decent salary or other sources of income or wealth, saving $2 million is not out of reach. If you plan … Continue reading → The post How to Retire at 40 With $2 million appeared first on SmartAsset Blog.  ( 36 min )

The surprise disclosure of a confidential number negotiated between Google and Apple reverberated across Wall Street and Silicon Valley.  ( 37 min )

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The company doesn't have a seat on the board. What it does have is arguably more powerful.  ( 39 min )

Employer-sponsored health insurance is still a costly privilege in the US, according to new data.  ( 35 min )

Glencore has set in motion a plan to quit coal, leaving it to focus on green metals.  ( 28 min )

Strong car sales contrast with broader weakness in exports as the world economy slows.  ( 28 min )

Bank stocks are on pace for their best month in nearly three years. Analysts caution that a lot of uncertainty still lies ahead for the battered industry.  ( 37 min )

(Bloomberg) -- African governments are scrambling for dollars, and that’s creating a new dividing line for investors.Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesOpenAI Board Urged by Microsoft, Investors to Restore AltmanSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionBill Ackman Defends Elon Musk After Backlash Over AntisemitismBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAmid a deepening shortage of hard currency on the cont  ( 37 min )

(Bloomberg) -- The powerful rally in small-cap stocks looks like yet another false start rather than a lasting recovery. Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesOpenAI Board Urged by Microsoft, Investors to Restore AltmanSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionBill Ackman Defends Elon Musk After Backlash Over AntisemitismBacklash Spreads Over Musk’s Endorsement of Antisemitic PostThe Russell 2000 Index — the world’s most closely  ( 36 min )

The Federal Reserve seems to be done with its aggressive interest rate hikes, economists say. That could turbocharge stocks and your 401(k).  ( 35 min )

Savvy investors know that some valuable stock sectors just don’t get the attention they deserve, and finding those underappreciated sectors is a vital skill for successful investing. Big Tech, for example, may have a reputation for taking up all the oxygen in the room, but it’s hardly the only game in town. Agribusiness is one of the underappreciated sectors. The companies that work the land, produce the fertilizers, and deliver the farm equipment that support the world’s food supply bring with  ( 37 min )

(Bloomberg) -- The S&P 500’s 9.6% rally in three weeks is looking increasingly unsustainable to some market watchers.Most Read from BloombergOpenAI Leaders' Efforts to Bring Back Altman Reach Impasse Over Board RoleOpenAI Board Urged by Microsoft, Investors to Restore AltmanAltman Sought Billions For Chip Venture Before OpenAI OusterSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionConcerns about the gauge include the fact  ( 35 min )

Explore the investment options available to and restrictions on account holders who choose a self-directed IRA as their retirement account.  ( 22 min )

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For many buyers, it's all about lower mortgage rates.  ( 24 min )

(Bloomberg) -- A rally in the ruble that’s propelling it toward the strongest since July is the latest piece of Russia’s economic jigsaw to fall into place before a widely expected tilt by Vladimir Putin at another presidential term in March elections.Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionOpenAI Board Pressed by Microsoft, Investors to Restore AltmanBacklash Spreads Over Musk’s Endorsemen  ( 36 min )

Many view Warren Buffett as one of the greatest stock pickers of all time, if not the greatest, so you might be surprised to learn that he owns two ETFs in his Berkshire Hathaway (NYSE:BRK.B) portfolio. Not only that, but the only two ETFs that he owns are broad market ETFs — the Vanguard S&P 500 ETF (NYSEARCA:VOO) and the SPDR S&P 500 ETF Trust (NYSEARCA:SPY). I’m bullish on these ETFs based on their fantastic long-term track records and their low fees. Plus, if they are worthy of a spot in Buf  ( 37 min )

Rival Luckin now leads Starbucks in the world’s second-most-populous nation.  ( 24 min )

There are a few advantages, along with some significant drawbacks, to using assets targeted for your retirement to pay off your mortgage balance.  ( 27 min )

The CEO of Cruise, General Motors' robot taxi unit, on Saturday apologized for the company's situation following an accident that led to the pause of its self-driving vehicle operations. In an email to staff seen by Reuters, Cruise CEO Kyle Vogt said the firm will make a new tender offer to allow employees to sell shares, just two days after cancelling its earlier offer.  ( 32 min )

Investors pile in, but some say it is too soon to declare victory.  ( 29 min )

Seventeen states and the District of Columbia have estate or inheritance taxes or both. The rules can change from year to year.  ( 23 min )

The Logistics Managers’ Index has done a great job of explaining freight market capacity shifts over the past several years. The last few months are painting a picture of a market that is racing toward a correction. The post LMI showing transportation market flip is coming appeared first on FreightWaves.  ( 35 min )

(Bloomberg) -- OpenAI stunned employees, investors and much of Silicon Valley on Friday by ousting Chief Executive Officer Sam Altman, who more than any other figure had emerged as the face of artificial intelligence following the viral success of his company’s chatbot, ChatGPT. Almost instantly, the world’s best-known AI startup, which has been in talks to sell employee shares to investors at an $86 billion valuation, was thrown into disarray. Several people, including OpenAI President Greg Bro  ( 36 min )

On Friday, the board of OpenAI, the AI startup behind ChatGPT and other viral AI-powered hits, did something unexpected but seemingly well within its right: removed the company's CEO, Sam Altman. On Saturday evening, just over 24 hours after the OpenAI board unceremoniously announced that Altman would be replaced by Mira Murati, OpenAI's CTO, on a temporary basis, multiple publications published reports suggesting that the OpenAI board was in talks to have Altman return at the helm. Satya Nadella, the CEO of Microsoft, a major OpenAI partner, was reportedly "furious" to learn of Altman's departure "minutes" after it happened, and has been in touch with Altman -- and pledged to support him -- as OpenAI backers recruit Microsoft's aid in exerting pressure on the board to reverse course.  ( 34 min )

OpenAI’s investors are making efforts to bring back Sam Altman, the chief executive who was ousted Friday, said people familiar with the matter.  ( 31 min )

A catch-up contribution is a type of retirement contribution that allows those 50 or older to make additional contributions to their 401(k) and IRAs.  ( 23 min )

A year-end bonus or an unexpected inheritance can often result in a big tax bill. Here are some strategies to reduce the impact.  ( 27 min )

Discover how contributing to a 401(k) plan can reduce your AGI or MAGI. Also, learn how this differs from contributing to a traditional IRA.  ( 22 min )

Taxes are difficult to avoid but there are many strategies you can use to help ward them off so you can legally keep the most of your hard-earned income.  ( 28 min )

Find out whether you can take a tax deduction on the contributions you make.  ( 25 min )

If you are self-employed, you may be able to set up a tax-advantaged solo 401(k) retirement savings plan. Find out what the benefits are of this type of self-employed 401k.  ( 30 min )

Understand the difference between a qualified and non-qualified deferred compensation plan and what the benefits are of having one or both.  ( 28 min )

Understand the different types of qualified retirement plans and what they mean in terms of employee and employer contributions and payment distribution.  ( 24 min )

Learn about the various interest-bearing securities you can use to add stable, recurring income to your employer-sponsored 401(k) account.  ( 21 min )

Find out if it’s too late to contribute to a Roth IRA after you’ve already filed your income tax return.  ( 26 min )

Explore the investment options available to and restrictions on account holders who choose a self-directed IRA as their retirement account.  ( 22 min )

There are a few advantages, along with some significant drawbacks, to using assets targeted for your retirement to pay off your mortgage balance.  ( 27 min )

De Nederlandse industrie ziet de grootste daling van inkomsten sinds 2020 in het derde kwartaal van dit jaar. Vooral bij chemiebedrijven en raffinaderijen slinkt de omzet hard, blijkt uit cijfers van statistiekbureau CBS.  ( 9 min )

Ruud Sondag, de interim-baas van Schiphol, is bang dat de uiteindelijke krimp van de luchthaven nog groter zal worden nu het eerdere plan tot inkrimpen is opgeschort. Dat komt volgens hem onder meer door juridisch getouwtrek.  ( 9 min )

Oud-topman van VDL Wim van der Leegte is in de nacht van zaterdag op zondag op 76-jarige leeftijd overleden. Dat meldt zijn familie in een verklaring.  ( 10 min )

Online stemhulpen op basis van kunstmatige intelligentie schieten als paddenstoelen uit de grond. Met de ene kun je chatten over partijprogramma's, bij de andere kun je stellingen voorleggen aan politieke partijen. Alleen zijn ze niet helemaal foutvrij.  ( 11 min )

Oud-topman van VDL Wim van der Leegte is in de nacht van zaterdag op zondag op 76-jarige leeftijd overleden. Dat meldt zijn familie in een verklaring.  ( 8 min )

Investeerders in OpenAI, het moederbedrijf van ChatGPT, oefenen druk uit op het bestuur om de vrijdag ontslagen topman Sam Altman terug te halen. Dat meldden bronnen rond het bedrijf aan persbureau Bloomberg.  ( 9 min )

Socialemediaplatform X spant maandag een rechtszaak aan tegen onderzoeksgroep Media Matters en andere partijen die "een frauduleuze aanval hebben geopend op het bedrijf". Dat meldt eigenaar Elon Musk zaterdag op het platform.  ( 9 min )

Als de hogere zorgpremie je te veel pijn doet, kun je besparen door voor een hoger eigen risico te kiezen. Hiermee valt 15 a 20 euro per maand te besparen. Maar die verhoging is, zoals het woord al zegt, niet zonder risico's.  ( 11 min )

If there’s one area of the market that billionaire Microsoft (NASDAQ:MSFT) founder Bill Gates knows inside and out, it’s the technology sector. So, it caught my eye when Gates added a new tech ETF to the Trust’s portfolio, according to the 13F filings that just came out. According to the filing, the Bill and Melinda Gates Foundation Trust purchased the iShares U.S. Technology ETF (NYSEARCA:IYW) during the third quarter. I’m bullish on IYW based on its compelling track record of long-term perform  ( 37 min )

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An internal memo sent to OpenAI staff and obtained by Axios and The New York Times said Altman's firing had nothing to do with "malfeasance or anything related to our financial, business, safety, or security/privacy practices." It comes as The Information reports Altman has new ventures in the works.  ( 33 min )

Former OpenAI president Greg Brockman is expected to join the effort and the project is still in development, the report added citing a person familiar with the matter. Altman could not be reached for comment and Brockman did not immediately respond to a Reuters' request for comment. Altman and Apple's former design chief Jony Ive have been discussing building a new artificial intelligence (AI) hardware device, the Information reported in September.  ( 33 min )

(Bloomberg) -- The first trade hit the tape at 9:54 a.m. The price: 38 cents on the dollar. These were the bonds of a little-known company called Enviva Inc., a wood-pellet maker in Bethesda, Maryland. Just the night before, on Nov. 8, they had closed at 64 cents. The rout deepened rapidly as the day went on, sending the bonds to as low as 31 cents.Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesSilicon Valley Boardroom Coup Leads to Ouster of an AI ChampionBa  ( 36 min )

OpenAI CEO Sam Altman's firing was over a "breakdown in communication between Sam and the board," and not "malfeasance or anything related to our financial, business, safety, or security/privacy practices," Chief Operating Officer Brad Lightcap wrote in an internal company memo Saturday morning, viewed by Reuters. The board of OpenAI, the company behind hit product ChatGPT, on Friday pushed out its high-profile CEO Altman, sending shock waves across the tech industry. The company appointed former chief technology officer Mira Murati as interim CEO.  ( 33 min )

A planned sale of OpenAI employee shares that would value the startup at about $86 billion on paper hangs in the balance after the sudden firing of CEO Sam Altman and a slew of top executive departures, the Information reported on Saturday. The tender offer, which Thrive Capital is leading, has not yet closed but has been in its final stages and was expected to be completed as soon as next month, the report added, citing a person familiar with the matter.  ( 32 min )

A recent lawsuit verdict and pending cases could dismantle the traditional commission practice of sellers paying their own real estate agent and the buyer's.  ( 38 min )

(Bloomberg) -- Hedge fund manager Bill Ackman defended Elon Musk after major advertisers pulled ads from social media site X over antisemitic commentary. Most Read from BloombergSpaceX Starship Explodes Though Craft Reached New MilestonesBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimSilicon Valley Boardroom Coup Leads to Ouster of an AI Champ  ( 33 min )

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Individual retirement accounts (IRAs) are one of the most popular ways to save for retirement. Traditional IRAs provide tax deductions on your contributions, effectively reducing your current taxable income. In contrast, Roth IRAs are funded with after-tax dollars, allowing for tax-free withdrawals during retirement. The Internal Revenue Service (IRS) permits you to contribute to both […] The post Can You Contribute to Both a Traditional and Roth IRA? appeared first on SmartReads by SmartAsset.  ( 36 min )

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The move follows other major advertisers that have stepped back from the platform after Elon Musk posted that an antisemitic social-media post was ‘the actual truth.’  ( 29 min )

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Microsoft is standing by the OpenAI and its new head executive Mira Murati after the abrupt termination of co-founder and former CEO Sam Altman.  ( 34 min )

Acquiring $1 million in a lump sum is no simple matter and figuring out the amount of taxes due on it is also complicated. The answer depends on several factors, including the source of the money, where you live and whether Social Security and other FICA taxes apply. Individual circumstances make all the difference. In […] The post How Much Are Taxes on $1 Million? appeared first on SmartReads by SmartAsset.  ( 36 min )

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The Retirement Risk Zone is the period of time that can last from five to 10 years before and after you retire. This timeframe can have a significant impact on your retirement savings. And experts say that you should pay careful attention to your retirement savings decisions when you reach this zone. Here’s what you […] The post Retirement Risk Zone: What It Is and How to Navigate appeared first on SmartReads by SmartAsset.  ( 35 min )

Jim Chanos, one of Wall Street’s best-known bears, is shutting his hedge funds after nearly four decades, The Wall Street Journal reported Friday.  ( 22 min )

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As you approach retirement, your net worth is a key indicator of your financial preparedness. Net worth is a fundamental financial metric in retirement planning because it shows how much wealth you have accumulated and can use to support yourself after you stop working. The net worth varies according to a number of factors, including […] The post What Should Your Net Worth Be at Retirement? appeared first on SmartReads by SmartAsset.  ( 36 min )

The music mogul’s former partner accused him of mental and physical abuse, which he denied.  ( 27 min )

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Money passed down to the next generation comes with feelings of gratefulness, loss and responsibility. In addition, receiving an inheritance worth hundreds of thousands of dollars can be jarring. It offers an extraordinary opportunity to secure your financial future, but doing so requires knowledge and discipline. From assessing your current financial standing to deploying savvy […] The post How to Build Wealth With an Inheritance appeared first on SmartReads by SmartAsset.  ( 37 min )

A U.S. judge dismissed an antitrust lawsuit accusing Elon Musk's electric car company Tesla of forcing customers to pay high prices and suffer long waits for repairs by monopolizing the markets for vehicle maintenance and replacement parts. In a Friday night decision, U.S. District Judge Trina Thompson in San Francisco said customers in the proposed class action failed to show either that the alleged problems were "not generally known" when they bought their vehicles, or that they could not predict the costs to keep their vehicles running. She also said customers could not prove that Tesla coerced them into using its services and parts simply because they had bought their vehicles in the first place.  ( 34 min )

According to a Morningstar Inc. recommendation released this week, a new retiree can safely withdraw 4% of retirement savings annually over the next three decades without emptying the till.  ( 38 min )

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Only 8% of investors with $1 million consider themselves wealthy.  ( 35 min )

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Companies often need to show progress to get government cash but struggle without it.  ( 29 min )

Fed fficials cautioned there could be further tightening if the economic data merits it.  ( 27 min )

Asset managers are giving 401(k) plan participants the option to annuitize assets to provide regular income.  ( 28 min )

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(Bloomberg) -- OpenAI’s firing of Sam Altman followed wide-ranging disagreements between the chief executive officer and his board — in particular Ilya Sutskever, an OpenAI co-founder and the company’s chief scientist — according to a person familiar with the matter. Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimHamas  ( 36 min )

The FT reported Friday that Saudi Arabia is considering prolonging production cuts into 2024, sending international and US oil prices higher.  ( 34 min )

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The executive churn at beleaguered Nikola Corp. continued with the resignation of CFO Anastasia “Stasy” Pasterick after just six months. The post Nikola CFO resigns after 6 months in role appeared first on FreightWaves.  ( 35 min )

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The president and co-founder of OpenAI, Greg Brockman, said he is quitting his role at the company after learning of CEO Sam Altman's departure Friday.  ( 33 min )

(Bloomberg) -- Jim Chanos, the legendary short-seller known for his bearish bets against Enron and Tesla Inc., is shuttering his hedge funds after almost four decades.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostAltman Ousted From OpenAI, Board Says It Lost ConfidenceHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPho  ( 33 min )

A roundup of recent Wall Street research on stocks.  ( 27 min )

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Today's best nationwide CD rates are 5.80% from Seattle Bank and 5.76% from TotalDirectBank and Dow Credit Union, although you can score up to 5.85% with a jumbo CD.  ( 21 min )

De grootste raket ooit heeft zaterdag voor het eerst de ruimte bereikt. Toch gaat de lanceerpoging de boeken in als een mislukking voor het Amerikaanse ruimtevaartbedrijf SpaceX. Kort nadat het de ruimte had bereikt, viel het contact met het ruimtevaartuig weg.  ( 9 min )

Socialemediaplatform X spant maandag een rechtszaak aan tegen onderzoeksgroep Media Matters en andere partijen die "een frauduleuze aanval hebben geopend op het bedrijf". Dat meldt eigenaar zaterdag Elon Musk op het platform.  ( 9 min )

Socialemediaplatform X zal maandag een rechtszaak aanspannen tegen onderzoeksgroep Media Matters en andere partijen die "een frauduleuze aanval hebben geopend op het bedrijf". Dat meldt X-eigenaar zaterdag Elon Musk op het platform.  ( 9 min )

Bekende winkels verkopen steeds vaker online de artikelen van andere aanbieders. In november ging ook Kruidvat overstag. De drogisterij verkoopt via de website nu ook producten voor de kinderkamer.  ( 10 min )

Apple en Disney stoppen voorlopig met het adverteren op X wegens antisemitisme op het socialemediaplatform, meldt nieuwswebsite Axios. Eerder gaven onder meer technologieconcern IBM en entertainmentbedrijf Lionsgate al te kennen niet meer op X te adverteren.  ( 9 min )

Sam Altman vertrekt als CEO van Open AI, maakt het technologiebedrijf achter ChatGPT vrijdag bekend. De raad van bestuur van OpenAI heeft het vertrouwen in hem opgezegd na een "weloverwogen evaluatieproces".  ( 10 min )

Hoewel de opvolger van sms al vijftien jaar bestaat, gaat de iPhone deze techniek vanaf volgend jaar ondersteunen. Waarom dan pas?  ( 10 min )

Section 7702 of the U.S. Tax Code defines what the government deems to be a legitimate life insurance contract for tax purposes.  ( 23 min )

While Roth IRAs aren’t intended for active trading, experienced investors can use stock options to hedge positions or generate extra income.  ( 24 min )

ChatGPT maker OpenAI announced that Sam Altman has left the company after the company's board lost confidence in his leadership and transparency.  ( 19 min )

Today's best nationwide CD rates are 5.80% from Seattle Bank and 5.76% from TotalDirectBank and Dow Credit Union, although you can score up to 5.85% with a jumbo CD.  ( 19 min )

ChatGPT maker OpenAI announced that Sam Altman has left the company after the company's board lost confidence in his leadership and transparency.  ( 1 min )

Chanos expects to return most of his investors' cash by Dec. 31, it said. "It is no secret that the long/short equity business model has come under pressure and interest in fundamental stock pickers has waned," Chanos wrote in a letter sent to investors and obtained by Bloomberg News. Chanos is best known for his bets against energy trader Enron many months before the company's December 2001 bankruptcy amid an accounting scandal.  ( 33 min )

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The S&P 500, at 4514, has cracked every important level as it has risen from its recent low. If it breaks through 4520, then it should be off to the races.  ( 25 min )

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Cisco Systems Inc (NASDAQ: CSCO) topped profit expectations with its quarterly results but slashed its fiscal year earnings outlook on the account of its consumers being busy implementing the offerings they received over the previous quarters. The weak guidance overshadowed quarterly results, with shares of the networking giant falling as much as 13% upon Wednesday’s report. Fiscal First Quarter Highlights For the quarter ended on October 28th, revenue rose 7.6% YoY to $14.67 billion. Networking  ( 35 min )

Chief executive Jane Fraser’s overhaul of Wall Street bank could result in thousands of job cuts  ( 6 min )

Pasterick was appointed to the role in March this year after the exit of Kim Brady, who was credited with taking Nikola public through a merger with a blank-check firm in 2020. The company expects to wrap up its search for a new CFO soon and Pasterick will assist with a transition through Dec. 1, it said. Key financial leaders will report to CEO Stephen Girsky in the interim.  ( 34 min )

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Spirit Airlines (NYSE:SAVE) stock is flying high today, but you don’t need to get pulled into a bad trade. The often-discussed merger prospects might stir up some excitement about Spirit Airlines, but I am bearish on SAVE stock because the company’s financials are problematic, and an acquisition is far from assured. Florida-headquartered Spirit Airlines is a well-known airline carrier that’s had some turbulence in 2023. Sure, this could be said about U.S. carriers generally, given the shortage o  ( 35 min )

Berkshire Hathaway's record $157 billion cash pile is a warning sign for investors, Portfolio Wealth Advisors' Lee Munson said.  ( 35 min )

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Chief technology officer Mira Murati has been appointed interim CEO.  ( 24 min )

Here’s our weekly roundup of the most-read articles at Barron’s Advisor.  ( 22 min )

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A new report claims that Apple has again paused advertising on social media powerhouse X, in protest of owner Elon Musk's promotion of, and Apple's advertising adjacent to, antisemitic content.  ( 35 min )

Palantir (NYSE:PLTR) finds itself uniquely positioned at the right place at the right time, helping its customers navigate an increasingly complex geopolitical and risk-oriented environment. The escalating demand for Palantir’s cutting-edge software solutions has translated into strong financials and a growing client base, setting the stage for lasting expansion. S&P 500 (SPX) inclusion has now become possible as well. Thus, further upside is not unlikely despite the stock’s 221.8% YTD rally. I  ( 36 min )

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(Bloomberg) -- Don’t be fooled by Friday’s sharp relief rally in oil and gas equities as the picture is still bleak for crude supply and demand. Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsOpenAI Ousts Altman After Clashes Over AI Safety, Making MoneyEn  ( 35 min )

Electric vehicle charging provider ChargePoint Holdings replaced top executives and warned it would miss revenue projections for the third quarter, sending its shares down 35%. ChargePoint, which operates one of the largest EV charging networks in the U.S., on Thursday said its markets in the U.S.  ( 23 min )

Gary Shilling, a veteran economist and money manager who called the mid-2000s housing crash, says he's betting against stocks and commodities.  ( 34 min )

Rising U.S. government debt and fiscal deficits that have helped lift government bond yields this year will likely become secondary factors for investors, as their focus shifts to economic fundamentals, Citi analysts said. Concerns over increased government bond supply and larger fiscal deficits contributed to a surge in government bond yields - which move inversely to prices - to 16-year highs this year, while pushing rating agencies Fitch and Moody's to turn negative on U.S. government creditworthiness. Even though those challenges are unlikely to recede, investors will eventually grow accustomed to the risks, partly because of lack of alternatives given the U.S. dollar's status of global reserve currency and the depth and liquidity of the U.S. government bond market, said Nathan Sheets, global chief economist at Citi.  ( 34 min )

Trucking and logistics companies are seeing a massive downturn. FreightWaves has reported on the biggest shutdowns and layoffs since 2022. The post Layoffs and bankruptcies pile up in logistics amid shocking downturn appeared first on FreightWaves.  ( 44 min )

NEW YORK (Reuters) -Citigroup employees expect announcements about management changes and layoffs on Monday in the next phase of the bank’s sweeping reorganization, according to four people familiar with the situation. Employees are awaiting more details about the scale of layoffs at the bank, which employs 240,000 people worldwide. Citigroup declined to comment.  ( 34 min )

Lower stock prices could create deal opportunities for private equity firms or bigger players in the space.  ( 37 min )

At least one shareholder is calling for Tesla's board to censure Musk  ( 30 min )

The biggest wind turbines are larger than the Empire State Building. They're getting bigger every year because longer blades grab more wind and create more power compared to the increased material costs. Massive turbines typically lower the cost of wind farms because they require fewer turbines to create the desired capacity. But giant turbines are expensive and raise aesthetic concerns as they can dominate skylines. A startup company backed by business magnate Bill Gates aims to change both the  ( 34 min )

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The allure of sunshine, low taxes and low housing prices have been attracting people to Florida for decades, but high insurance premiums are beginning to reverse the trend. The U.S. Census Bureau shows that nearly 276,000 people left Florida in 2022, and it's believed that skyrocketing insurance premiums motivated many of the departures. The study showed most of the former Florida residents remained in the sun belt, moving to states like North Carolina, Georgia, Tennessee and Texas. Those states  ( 34 min )

Dubbed the Oracle of Omaha, Warren Buffett is renowned for his simple and frugal lifestyle. Despite being the sixth richest person globally, with a net worth estimated at $120 billion, Buffett continues to live in the same modest home in Omaha that he purchased in 1958 for just $31,500. Adjusted for inflation, that amount today would be approximately $328,990.80, a mere 0.000279% of his total net worth. Buffett has consistently ranked the purchase of his home as the third-best investment he has  ( 35 min )

In the financial game, capital gains tax can feel like a persistent hurdle, chipping away at your investment returns year after year. But there’s good news: With a bit of know-how and some smart planning, you can minimize its bite. Capital gains tax is essentially a tax on the profit earned from selling assets like stocks, bonds, and real estate. While it can pose a substantial cost for investors, there are legitimate methods to reduce or avoid this tax altogether. How Is Capital Gains Tax Calcu  ( 35 min )

Warren Buffett is the fifth-richest man in the world, according to the Forbes Real Time Billionaires Index, and one the most successful investors of this age. His company, Berkshire Hathaway Inc., reported a 40% rise in operating earnings in the third quarter. Berkshire Hathaway also reported a record $157.2 billion cash holding as of Sept. 30. The majority of Buffett's earnings came from his insurance business, with Geico reporting total underwriting earnings of over $1 billion in the last quar  ( 36 min )

Mortgage rates continue to yo-yo wildly this week—with another dramatic drop Thursday. Plummeting a third of a percentage point, the 30-year mortgage average is at a 9-week low.  ( 19 min )

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U.S. equities were little changed at midday on Friday, Nov. 17, 2023, but headed for a winning week as reports on inflation slowing lifted optimism the Fed would not hike rates further.  ( 18 min )

ChargePoint Holdings' stock slumped by nearly 38% to a record low on Friday after the electric vehicle (EV) charging network slashed its third quarter revenue forecast and replaced key executives. ChargePoint expects revenue to drop to between $108 million and $113 million, far below a previous forecast of between $150 million and $165 million, owing to weak demand caused by delays in electric vehicle deliveries in North America and Europe, the company said after the closing bell on Thursday. California-based ChargePoint also announced that longtime Chief Executive Pasquale Romano will be replaced by Rick Wilmer, its chief operating officer, effective immediately.  ( 34 min )

A nonprofit that monitors online hate speech urged a U.S. federal judge to throw out what it called a "ridiculous" lawsuit by Elon Musk's X Corp to stifle free expression. X, formerly Twitter, sued the Center for Countering Digital Hate in July, accusing it of trying to drive advertisers away through a "scare campaign" showing hate speech and other harmful content appeared to be overwhelming the platform. This week, Musk, the world's richest person, sparked an outcry after endorsing as "the actual truth" an antisemitic post on X that falsely accused Jews of hating white people.  ( 34 min )

Warren Buffett’s journey to success began early, marked by a keen interest in investing and learning from mentors like Benjamin Graham. He transformed Berkshire Hathaway Inc. from a textile company into a massive conglomerate, leveraging his value investing philosophy. Buffett’s disciplined approach to investments and business decisions made him one of the most successful investors of the 20th century. His unique approach to productivity and time management, especially in guiding his employees,  ( 35 min )

Viatris is the old generic drug company Mylan, acquired by Pfizer and merged with its Upjohn division. The stock has been falling ever since the deal closed.  ( 31 min )

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Two companies behind the supplements brand Balance of Nature had flouted years of warnings, the FDA said.  ( 35 min )

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If I have a tax-deferred 401(k). Can I convert it to a Roth IRA without paying the deferred taxes when I roll it over? -Tommy Generally, the answer here is no. There's typically no method to totally dodge taxes on … Continue reading → The post Ask an Advisor: I Want to Roll Over My Money to a Roth IRA. How Do I Avoid Paying Taxes? appeared first on SmartAsset Blog.  ( 35 min )

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↗️ Gap (GPS): The clothing retailer’s stock rose 20% after [quarterly profit and revenue](https://www.wsj.com/livecoverage/stock-market-today-dow-jones-11-16-2023/card/gap-stock-jumps-after-earnings-top-expectations-P1dqTHoqHsTjyY0zXpKw?mod=finance_l  ( 23 min )

After a solid season of third-quarter results, a couple of retailers and Nvidia stock highlight the earnings calendar on Thanksgiving week.  ( 15 min )

Larger technology stocks have burst higher, but it isn't the right time to unload them.  ( 27 min )

The comments from Ma's office come a day after a regulatory filing showed that his family trust was set to sell 10 million American Depository Shares of Alibaba Group Holdings, for about $871 million. The phased sale is part of a long-standing "preset conditional plan to do a partial sell-down for the future" that was adopted in August, but "not a single share has been sold," the publication quoted Ma's office as saying. Alibaba did not respond to a Reuters request for comment.  ( 34 min )

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The prospect of a looming recession has been in the background for a while now. Financial prognosticators have generally agreed that one will hit eventually, although its timing and magnitude remain open to debate. But for those concerned about a recession’s impact on the economy and the markets, one legendary Wall Street name has a reassuring take on the matter. Billionaire Steve Cohen, who runs hedge fund Point72 Asset Management, a firm with $31.4 billion of assets under management, expects a  ( 37 min )

(Bloomberg) -- ChargePoint Holdings Inc. shares plummeted in early trading after the company posted disappointing quarterly revenue and swapped out two of its top executives.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsBacklash Spreads Over Musk’s Endorsement of Antisemitic PostApple Plans to Make It Easier to Text Between iPhones and AndroidsApple’s Effort to Replace Qualcom  ( 35 min )

Citing new U.S. export rules on chips, Alibaba cancelled its hotly-anticipated cloud unit spinoff on Thursday in a shock move.  ( 24 min )

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EV-charging company ChargePoint sees third-quarter sales far below Wall Street estimates. Investors aren't happy.  ( 23 min )

Just as Applied Materials (ticker: AMAT) was posting results, Reuters reported that it was under investigation for sending products to a Chinese company without the required licenses.  ( 22 min )

Renault, DHL and more in the latest Market Talks covering the Auto and Transport sector.  ( 26 min )

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(Bloomberg) -- The red flags were flying all around Randy Miller. He’d already had bouts with bankruptcy. He’d been accused — not once, but three times — of defrauding business associates. He pointed to a partnership with international soccer powerhouse Manchester United, even though the other ties to professional teams he cited were over three decades old. Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is  ( 39 min )

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The SEC continues to delay decisions on applications for spot Bitcoin ETFs, a key catalyst for crypto markets.  ( 23 min )

More homeowners are falling behind on their mortgage payments at Nationwide, the lender has said.  ( 33 min )

Manufacturers need to cut costs as electric-vehicle inventories pile up, but this is easier said than done.  ( 28 min )

Shares of Applied Materials fall following a report that says the Justice Department has begun a criminal probe of the semiconductor maker, Gap's adjusted earnings top estimates, and ChargePoint drops sharply after a revenue warning and CEO change.  ( 23 min )

(Bloomberg) -- Fallout from an Elon Musk post endorsing antisemitic views continues to spread, with Tesla Inc. investors criticizing the billionaire and more advertisers fleeing his social media platform X.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets Wra  ( 35 min )

(Bloomberg) -- Investors should offload risky assets after recent gains as technical and macroeconomic headwinds are building, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and AndroidsApple’s Effort to Replace Qualcomm Chip in iPhone Falls Further BehindAlibaba Dives $2  ( 35 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 15 min )

(Bloomberg) -- Jack Ma is preparing one of his biggest Alibaba Group Holding Ltd. stake reductions in recent years, and the timing could hardly be worse.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple’s Effort to Replace Qualcomm Chip in iPhone Fa  ( 34 min )

Shares of Swedish auto maker Volvo Cars fell 14% on Friday as its top owner, China's Geely, sold parts of its holdings at a deep discount to the previous day's closing price. Geely on Thursday launched a placing of some 100 million Volvo Cars shares, which the deal's bookrunner later said was sold at a price of around 37 Swedish crowns each, or around $350 million in total. Volvo Cars' share price fell to a low of 35.25 Swedish crowns, an all-time low, before recovering slightly.  ( 34 min )

(Bloomberg) -- Alibaba Group Holding Ltd.’s market value has slumped to only about half that of rival Tencent Holdings Ltd. as the former’s e-commerce-centric business faces sluggish demand and intensified competition.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers:  ( 34 min )

Larger technology stocks have burst higher, but it isn't the right time to unload them.  ( 27 min )

(Bloomberg) -- Oil headed for a fourth weekly loss after sinking into a bear market as signs of healthy supplies and rising stockpiles offset attempts by OPEC+ leaders Saudi Arabia and Russia to keep declines in check.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers:  ( 35 min )

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(Bloomberg) -- Xi Jinping’s message that China wants to roll out the red carpet for foreign businesses stands in stark contrast to the increasing difficulties many companies experience on the ground. Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple  ( 36 min )

As the tech rally broadens out further, many investors may be inclined to spread their bets beyond the mega-cap darlings that have hogged the headlines for their impressive year-to-date performance. Amid the recent bout of market strength, Wall Street analysts have been quite busy, raising the bar on some tech stocks (such as AMD, SNOW, and MBD) that now seem to have a clearer path higher. In this piece, we’ll use TipRanks’ Comparison Tool to check out three tech stocks that sport “Strong Buy” r  ( 37 min )

Gold prices held steady on Friday but headed for their biggest weekly gain in four as the dollar and Treasury yields weakened amid growing expectations that the U.S. Federal Reserve is done with its monetary policy tightening. Spot gold was steady at $1,980.20 per ounce by 2:45 p.m. ET (1945 GMT) after rising to a two-week high earlier in the session. Prices were up about 2.2% so far this week.  ( 34 min )

(Bloomberg) -- The savage sell-off that hit Treasuries in prior months was driven by concerns a buyers’ strike had hit the $26 trillion bond market. It’s now confirmed: at least one set of investors headed for the exits back in September.Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsApple Plans to Make It Easier to Text Between iPhones and Androids‘Fed-Friendly’ Data Lift Bond  ( 33 min )

SHANGHAI (Reuters) -Li Auto said on Friday it will start mass production and delivery of its first fully electric car in February, as the up-and-coming Chinese automaker bets on fast-charging technology to solve range anxiety for EV users. Li Auto said its MEGA multi-purpose vehicle (MPV), with a waterdrop-shaped front design, is to be equipped with 800-volt charging architecture and Chinese battery giant CATL's latest Qilin batteries. The combination would give the MEGA a range of 500 km (310 miles) on a 12-minute charge, the company said.  ( 35 min )

The Hong Kong-listed shares of Alibaba Group were set to fall 7.8% on Friday after it scrapped plans to spin off its cloud business, citing uncertainties over U.S. restrictions on chips used in artifical intelligence applications. The stock was set to open at HK$75.0, the first reaction in Asia since the announcement late on Thursday. The company's U.S. listed securities closed down 9%.  ( 33 min )

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ChatGPT maker OpenAI announced that Sam Altman has left the company after the company's board lost confidence in his leadership and transparency.  ( 1 min )

Eli Lilly announced it would spend $2.5 billion to build its first pharmaceutical manufacturing facility in Germany.  ( 1 min )

Employer-provided health insurance expenses spiked this year as inflation and weight-loss drugs elevated costs.  ( 1 min )

Mechanics on strike against Tesla in Sweden were joined by dockworkers as union pressure against the EV maker mounts.  ( 1 min )

Despite better-than-expected earnings, Applied Materials shares fell following reports it's under investigation by the Justice Department for potential violations of export restrictions.  ( 1 min )

The S&P 500 rose 0.1% on Friday, Nov. 17, 2023, and other major indexes were also little changed, but they all posted solid gains for the week amid positive inflation news.  ( 1 min )

United Auto Workers union members voted to ratify new contracts with Ford and Stellantis.  ( 1 min )

U.S. equities were little changed at midday on Friday, Nov. 17, 2023, but headed for a winning week as reports on inflation slowing lifted optimism the Fed would not hike rates further.  ( 1 min )

Stock futures were up in premarket trading Friday as Treasury yields retreated further amid increased optimism the Federal Reserve is done raising interest rates.  ( 1 min )

U.S. President Joe Biden signed a temporary spending bill averting a government shutdown and Applied Materials shares fell following reports the U.S. government is investigating it for potential violations of export restrictions. Here’s what investors need to know today.  ( 1 min )

With CDs paying record rates in 2023, it's probably no surprise that Investopedia readers say they'd favor CDs two-to-one over cash savings if they had an extra $10,000.  ( 17 min )

To recommend the best Medicare companies, we evaluated nine leading insurers across 22 criteria, including cost, additional coverage, customer experience, and more.  ( 24 min )

ChatGPT maker OpenAI announced that Sam Altman has left the company after the company's board lost confidence in his leadership and transparency.  ( 17 min )

The S&P 500 rose 0.1% on Friday, Nov. 17, 2023, and other major indexes were also little changed, but they all posted solid gains for the week amid positive inflation news.  ( 17 min )

Markets may be betting the Federal Reserve’s campaign of anti-inflation rate hikes is over, but at least one official isn’t so sure.  ( 18 min )

Eli Lilly announced it would spend $2.5 billion to build its first pharmaceutical manufacturing facility in Germany.  ( 17 min )

Employer-provided health insurance expenses spiked this year as inflation and weight-loss drugs elevated costs.  ( 19 min )

United Auto Workers union members voted to ratify new contracts with Ford and Stellantis.  ( 17 min )

Mechanics on strike against Tesla in Sweden were joined by dockworkers as union pressure against the EV maker mounts.  ( 17 min )

Food insecurity has a negative impact on an economy as it causes productivity loss for several reasons. Learn more about the long-term effects of regular hunger.  ( 23 min )

President Biden's economic theory rejects trickle-down economics and is a central point of his reelection campaign.  ( 28 min )

Contributions to a traditional IRA can reduce your adjusted gross income (AGI), but Roth IRA contributions do not.  ( 27 min )

If you're at a small company, you may be offered a SIMPLE IRA retirement plan. Contribution limits are lower, but vesting is instant, with other benefits.  ( 24 min )

Housing starts were up a better-than-expected 1.9% in October, while single-family building permits moved higher for the ninth-straight month, a sign that builders are gaining confidence.  ( 17 min )

Mortgage rates continue to yo-yo wildly this week—with another dramatic drop Thursday. Plummeting a third of a percentage point, the 30-year mortgage average is at a 9-week low.  ( 19 min )

U.S. equities were little changed at midday on Friday, Nov. 17, 2023, but headed for a winning week as reports on inflation slowing lifted optimism the Fed would not hike rates further.  ( 17 min )

The federal estate tax exemption is the amount excluded from estate tax when a person dies. It's increased to $13.61 million in 2024, up from $12.92 million in 2023.  ( 26 min )

A self-directed individual retirement account (SDIRA) is a type of IRA, managed by the account owner, that can hold a variety of alternative investments.  ( 28 min )

Shares of Ross Stores surged after posting earnings, revenue, and comparable store sales that beat estimates as consumers sought out lower prices.  ( 17 min )

Those who pay work-related expenses can save literally thousands on their taxes by establishing an FSA account and making regular 401(k) contributions.  ( 25 min )

Gap shares soared to their highest level in almost two years as the apparel retailer beat quarterly estimates, although it warned about the upcoming holiday season.  ( 17 min )

The annual percentage yield (APY) is the effective rate of return on an investment for one year taking compounding interest into account.  ( 27 min )

Roth IRAs and 457 retirement plans offer different tax advantages, and you may be eligible to contribute to both.  ( 27 min )

Mark to market (MTM) is a method of measuring the fair value of accounts that can fluctuate over time, such as assets and liabilities.  ( 26 min )

Robinhood has hiked the interest rate for its best customers' cash to 5.00% APY. That's great for a brokerage account, but the best savings accounts pay even more.  ( 21 min )

Refinancing your car loan can lower your monthly payment and interest rate. Learn how you can save money by refinancing your car loan.  ( 26 min )

President Joe Biden signed a stopgap spending bill to avert a government shutdown ahead of Friday's deadline that will keep the government funded until early next year.  ( 17 min )

Bankruptcy can help you get a fresh start, but some types of debt are not alleviated when you file for bankruptcy. Several others are very difficult to get discharged.  ( 27 min )

Title transfers can negatively affect taxes, and costs vary by state, which should be considered before transferring a house to your child.  ( 22 min )

Despite better-than-expected earnings, Applied Materials shares fell following reports it's under investigation by the Justice Department for potential violations of export restrictions.  ( 18 min )

Here are the limits for contributions and the income thresholds for individual retirement accounts for the 2023 and 2024 tax years.  ( 29 min )

Property tax is an ad valorem tax assessed on real estate by a local government and paid by the property owner.  ( 25 min )

U.S. President Joe Biden signed a temporary spending bill averting a government shutdown and Applied Materials shares fell following reports the U.S. government is investigating it for potential violations of export restrictions. Here’s what investors need to know today.  ( 18 min )

Net investment income (NII) is the total of payments received from assets such as bonds, stocks, and mutual funds, loans, minus the related expenses.  ( 27 min )

Form 1099-R is an IRS tax form used to report distributions from annuities, profit-sharing plans, retirement plans, or insurance contracts.  ( 29 min )

Defined-benefit plans are funded by employers, while employees make contributions to defined-contribution plans to save for retirement.  ( 26 min )

Today’s best nationwide CD rates are 5.80% APY, offered by Credit Human and Seattle Bank, and 5.76% APY, available from TotalDirectBank and Dow Credit Union.  ( 19 min )

Supermarktketens Jumbo en Albert Heijn stoppen met de naam crompouce, bevestigen woordvoerders van beide ketens na berichtgeving van De Telegraaf. Het populaire product blijft wel in de schappen van beide supermarkten liggen, maar krijgt een andere naam.  ( 8 min )

Medewerkers van de politie krijgen er vanaf juli volgend jaar gemiddeld 9,5 procent meer loon bij. Ook gaan hun arbeidsvoorwaarden erop vooruit. Dat is het resultaat van cao-onderhandelingen, die vrijdag tot een einde kwamen.  ( 9 min )

Het UWV hoeft bij de beoordeling van mensen die een beroep doen op een arbeidsongeschiktheidsuitkering (WIA) voorlopig alleen te kijken naar hoeveel zij op dit moment verdienen. De schatting van hoeveel een persoon nog zou kúnnen verdienen vervalt tijdelijk.  ( 9 min )

De gemeente Voorschoten heeft een boete gekregen van de privacytoezichthouder Autoriteit Persoonsgegevens (AP). De gemeente bewaarde informatie over afval van individuele huishoudens veel langer dan nodig was. Daarom moet de gemeente 30.000 euro betalen.  ( 9 min )

De Europese Commissie plaatst voorlopig geen advertenties op X, het voormalige Twitter dat sinds een jaar in handen is van Elon Musk. De Commissie is bezorgd over de grote hoeveelheid desinformatie en haatberichten die op het platform worden gedeeld.  ( 9 min )

Vliegtuigen krijgen straks niet alleen maar fossiele brandstof in de tank als ze op Rotterdam The Hague Airport tanken. De luchthaven zal vanaf volgend jaar voor een klein deel ook duurdere biobrandstof door de kerosine mengen.  ( 9 min )

De exploitant van industrieterrein Chemelot in Geleen moet vrezen voor een boete van 7,5 miljoen euro, waarvan 5 miljoen voorwaardelijk. Doordat de uitbater geen goede toezichthouder was, konden volgens het Openbaar Ministerie meerdere ernstige ongelukken gebeuren.  ( 9 min )

Het vogelgriepvirus dat vorige week werd ontdekt in een leghennenbedrijf in het Utrechtse Renswoude is een nieuwe variant. Ongeveer 65.000 kippen moesten worden geruimd. Ook wilde eenden en ganzen kunnen het virus overdragen.  ( 9 min )

Het wordt voor Europese landen moeilijker om plastic afval te verschepen naar landen buiten de Europese Unie. Het Europese Parlement heeft samen met de lidstaten overeenstemming bereikt over aanscherping van de regels.  ( 9 min )

Rusland verkocht vorige maand voor 13 miljard dollar (12 miljard euro) aan olie, meldt het Russische ministerie van Financiën. Dat was meer dan voor de invoering van sancties die de olieopbrengsten van het land moesten raken.  ( 10 min )

Vrijdag is 's werelds grootste Zara-winkel opengegaan aan de Coolsingel in Rotterdam. De winkel van de kledinggigant heeft vijf verdiepingen en een totale oppervlakte van 9.000 vierkante meter.  ( 9 min )

Het plan om kinderopvang gratis te maken is voorlopig mislukt. Volgens de kinderopvangbranche hebben ze daar ook niet genoeg personeel voor. Liever zien de organisaties dat kinderopvang voor middeninkomens goedkoper wordt en de opvang ook toegankelijk wordt voor mensen zonder werk.  ( 10 min )

De omslag naar schonere energie gaat niet zonder slag of stoot. Dat merken ook verkopers van zonnepanelen, die de markt de laatste maanden zien instorten. Tegelijkertijd is de bouw van enkele grote windparken stilgelegd, door tegenvallende kosten.  ( 12 min )

Je hebt vanaf volgend jaar WhatsApp niet meer nodig om foto's en video's van een Android-smartphone naar een iPhone te sturen en andersom. Apple voorziet zijn iPhones van zogenoemde RCS-ondersteuning, de opvolger van de sms.  ( 9 min )

De omslag naar schonere energie gaat niet zonder slag of stoot. Dat merken ook verkopers van zonnepanelen, die de markt de laatste maanden zien instorten. Tegelijkertijd is de bouw van enkele grote windparken stilgelegd, door tegenvallende kosten.  ( 11 min )

In delen van Almere kunnen nieuwe huizen niet meer worden aangesloten op het stroomnet, doordat het te vol is. Dat hebben netbeheerders onlangs laten weten aan het gemeentebestuur, dat zegt geschokt te zijn door de mededeling.  ( 9 min )

IBM stopt met adverteren op het socialemediaplatform X. Advertenties van het technologiebedrijf waren zichtbaar onder berichten waarin nazi-Duitsland en de ideeën van Adolf Hitler werden opgehemeld.  ( 8 min )

De Italiaanse regering verbiedt de verkoop van vlees dat in een laboratorium is gekweekt. Het parlement stemde donderdag in met een wet die deze nieuwe vorm van vlees uit de Italiaanse winkelschappen moet houden.  ( 9 min )

De Italiaanse regering verbiedt de verkoop van vlees dat in een laboratorium is gekweekt. Donderdag werd duidelijk dat het parlement instemt met een wet die deze nieuwe vorm van vlees uit de Italiaanse winkelschappen moet houden.  ( 9 min )

"We expect employees who are being considered for promotion to be in compliance," said an Amazon spokesperson.  ( 34 min )

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A growing number of student loan borrowers in dire financial straits are discharging their debts through bankruptcy—a feat that was nearly impossible until the administration of President Joe Biden changed the rules last year.  ( 20 min )

A federal judge in Nevada has dealt another legal setback to Native American tribes trying to halt construction of one of the biggest lithium mines in the world. U.S. District Judge Miranda Du granted the government’s motion to dismiss their claims the mine is being built illegally near the sacred site of an 1865 massacre along the Nevada-Oregon line.  ( 36 min )

The chip equipment maker beat Wall Street estimates, but its stock dropped on new report of Federal probe.  ( 22 min )

Anheuser-Busch announced that its chief marketing officer for the U.S. is on his way out, months after Bud Light's controversial partnership with Dylan Mulvaney.  ( 35 min )

(Bloomberg) -- Applied Materials Inc., the largest US maker of chipmaking machinery, slid in late trading following a report that it faces a US criminal investigation for violating export restrictions to China. Most Read from BloombergHamas Mastermind Who Tricked Israel Is Top Target in Gaza Tunnels‘Fed-Friendly’ Data Lift Bonds as S&P 500 Wavers: Markets WrapApple Plans to Make It Easier to Text Between iPhones and AndroidsBiden, Xi Declare Progress After Concluding Four-Hour SummitXi Says Chin  ( 34 min )

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Shares of Intel rose by more than 6% on Thursday, hitting their highest level in 17 months, after analysts at Mizuho Securities upgraded the semiconductor giant to "buy," citing prospects of increased revenue from forthcoming chips and new production facilities. Intel is set to unveil new data center and artificial intelligence chips during a "prolific product launch year" in 2024 as well as open new chip-making facilities, Mizuho analysts led by automotive and semiconductor specialist Vijay Rakesh said in an investor note on Wednesday. Mizuho upgraded Intel's stock to "buy" from "neutral" and raised their price target to $50 from $37.  ( 34 min )

Advance Auto Parts reported another "kitchen sink" quarter, and its stock slumped. Wall Street analysts aren't totally convinced of a turnaround.  ( 26 min )

Semiconductor equipment maker Applied Materials is under U.S. criminal investigation for potentially evading export restrictions on China's top chipmaker SMIC, according to three people familiar with the matter. The largest U.S. semiconductor equipment maker is being probed by the Justice Department for sending hundreds of millions of dollars of equipment to SMIC without export licenses, one source, who requested anonymity because of the sensitivity of the investigation, said. Reuters is reporting details of the probe for the first time.  ( 35 min )

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Warren Buffett, the venerated investor and CEO of Berkshire Hathaway, is set to amass over $6 billion in dividend income in the coming year, with a significant portion of this windfall emanating from just three stocks. This substantial income stream underscores the effectiveness of Buffett's investment strategy, one that favors profitability and long-term value. Top Dividend Earners in Buffett’s Portfolio Buffett’s predilection for dividend-bearing stocks isn’t just a matter of preference; it’s  ( 36 min )

"A lot of people will feel left out of the system," warned the AI-savvy tech investor Brad Gerstner, head of Altimeter Capital.  ( 35 min )

General Electric stock is on fire, on track for its highest close in more than five years. Figuring out why shares of the American industrial conglomerate are rallying is a little more difficult.  ( 25 min )

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Crude oil prices remained under pressure on Thursday as worries over bloated inventories, a bad technical setup, and demand fears weighed on investors.  ( 35 min )

Donald Trump’s social network is facing “substantial doubt” over its future as it seeks to renegotiate debt repayments, according to US filings.  ( 35 min )

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Amazon will begin selling Hyundai vehicles online in the U.S. starting next year, the two companies said on Thursday. Customers will be able to shop for, equip and buy a car at Amazon.com and schedule delivery through a local Hyundai dealer, the companies said. The agreement is an expansion of a deal announced two years ago to expand Hyundai's digital showroom on Amazon.com, enabling customers to configure a vehicle, calculate the price and locate a dealer to complete the sale.  ( 34 min )

“I think the Fed’s overdone it. I think we’re going to see a lot more deflation going forward,” the ARK Invest CEO and founder said this week.  ( 35 min )

Lucid, known for its flagship Air luxury electric sedan, unveiled the much-awaited Gravity sport utility vehicle on Thursday, driving the startup into a lucrative section of the U.S. auto industry amid growing caution over slowing EV demand. Though the 5.3-meter-long, three-row Gravity will come with a battery pack similar to the Air, the vehicle has been designed on a new platform from the ground up, Lucid's Chief Executive Officer Peter Rawlinson told Reuters at a preview this month. "The Gravity will significantly expand our market opportunity, and open up a total addressable market that is nearly 3X larger and growing," Rawlinson told analysts on a post-earnings conference call last week.  ( 34 min )

Warren Buffett's Berkshire Hathaway has kept secret a billion-dollar stock investment, prompting speculation about what shares it bought.  ( 26 min )

In 2017, at the Daily Journal Corporation Annual Meeting, Charlie Munger, renowned for his investment expertise and role as Berkshire Hathaway’s vice chairman, addressed a range of topics, offering insights that extended beyond the financial realm. The Daily Journal Corporation, a significant legal affairs publishing company in Los Angeles, provided the setting for Munger’s discourse​​. During the meeting, Munger, then 93, replicated the essence of a Berkshire Hathaway shareholder meeting, delvi  ( 35 min )

Brewer looks to win back its core buyers.  ( 34 min )

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In my 401(k) retirement plan, I’m 82% stocks. I’m 65 and still working. Should I be moving my stocks to bonds? -Bob While it's not a satisfying answer, the real answer is that "it depends." The decision of whether to shift your 401(k) to a more conservative asset allocation will depend primarily on your longer-term […] The post Ask an Advisor: ‘Should I Be Moving Stocks to Bonds?’ I’m 65 and Have 82% of My 401(k) in Equities appeared first on SmartReads by SmartAsset.  ( 35 min )

My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to go into … Continue reading → The post Ask an Advisor: Can a Nursing Home ‘Take Our IRA?' My Wife and I Are Elderly. We Have a $100K IRA and a Trust to Protect Our Assets. appeared first on SmartAsset Blog.  ( 36 min )

Microsoft is pushing its AI software but it is also making advances in hardware. That could lessen its dependence on Nvidia and other chip makers such as AMD.  ( 23 min )

Opportunity still remains at Cisco but investors needed to be patient, say analysts and wait for its integration of Splunk.  ( 21 min )

Oil futures are losing further ground, with WTI for December delivery off 2.9% at $74.44 a barrel. The decline follows yesterday's EIA report of a 17.5 million-barrel build in crude stocks in the two weeks ended Nov. 10. "The overhang of climbing inventories and technical weakness continues to ham  ( 15 min )

Intel upgraded, Target downgraded: Wall Street's top analyst calls  ( 35 min )

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Citi downgraded Plug Power stock to Hold from Buy. It was at least the seventh downgrade since the company issued a going-concern warning.  ( 23 min )

The US dollar continues to consolidate against the Japanese yen, as we are a bit extended at extreme highs.  ( 35 min )

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Walmart continues to see US consumers look for value amid sticky inflation.  ( 35 min )

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New York shares of the Chinese e-commerce giant were down premarket after it said it would abandon its cloud segment spinoff plan.  ( 27 min )

Mizuho Securities analyst Vijay Rakesh upgraded Intel stock to Buy after keeping it at Neutral for a bit more than two years.  ( 21 min )

Workers at hundreds of Starbucks stores have begun walking off their jobs during a key promotional event on Thursday, demanding improved staffing and schedules, the Workers United said on social media platform X. The walkout comes on the coffee chain's "Red Cup Day" event, during which Starbucks hands out free red-colored, reusable, holiday-themed cups to customers on their coffee purchases. The event has typically been a major driver of store traffic, with data from Placer.ai showing a spike in visits on "Red Cup Day" over the years.  ( 34 min )

The bank is facing a lawsuit claiming that it failed to detect an alleged Ponzi scheme.  ( 30 min )

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Macy’s (M) reported declining sales in its third quarter, but the department-store chain turned an unexpected profit as margins improved and costs came down. Shares rose 10% to $13.90 in recent premarket trading. They are down 39% this year as of Wednesda  ( 23 min )

Investors are starting to question the idea the Federal Reserve is poised to pivot away from interest-rate hikes, given Americans keep spending.  ( 35 min )

Alibaba's news that it won't spin off its cloud unit due to expanded U.S. export controls on chips is hurting shares.  ( 20 min )

Imagine your child is getting married and you want to help pay for their wedding. You’ve been saving for years and now have $30,000 set aside for their big day, which you plan to hand over in the form of a check. However, before you pass along that much cash, it’s important to understand the […] The post Do I Need to Worry About the Gift Tax If I Pay $30,000 Toward My Child's Wedding? appeared first on SmartReads by SmartAsset.  ( 36 min )

The retailer narrowly beats estimates on earnings and sales. It doesn't seem to be enough for investors, who came into the report with high expectations.  ( 27 min )

A lot has changed since the Chinese president's last visit to the U.S. in 2017.  ( 33 min )

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China's Alibaba Group Holding reported second-quarter revenue on Thursday that was in line with analysts' estimates as the country's retail sector recovers from the effects of pandemic-fueled lockdowns. The Chinese e-commerce giant posted revenue of 224.79 billion yuan ($31.01 billion) in the quarter, compared with analysts' average estimate of 224.32 billion yuan, according to LSEG data. ($1 = 7.2481 Chinese yuan renminbi)  ( 33 min )

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Investors are starting to question the idea the Federal Reserve is poised to pivot away from interest-rate hikes, given Americans keep spending.  ( 34 min )

Palo Alto Networks stock was dropping early Thursday as markets digested its unexpectedly weak billings.  ( 22 min )

Markets are in the green and stocks feel good again as the Fed takes its foot off the gas and inflation calms. But there's a lot of reason to be cautious.  ( 36 min )

Opportunity still remains at Cisco but investors needed to be patient, say analysts and wait for its integration of Splunk.  ( 21 min )

The billionaire has spent hundreds of millions of dollars buying and developing luxury property on the island, but now is in a bitter legal feud.  ( 28 min )

The Treasury’s flexibility has pleasantly surprised investors, spurring a bond rally this month.  ( 28 min )

MotorTrend's 2024 Car of the Year is a hybrid: the Toyota Prius. That's something for investors to think about.  ( 33 min )

(Bloomberg) -- Raising Cane’s Restaurants has grown to more than 750 locations worldwide, drawing lines when its flagship Times Square store opened in New York this summer.Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedTrudeau Faces Calls to Exit With His Party Trailing in PollsXi Says China Seeks to Be Friends With US, Won’t Fight ‘Hot War’SpaceX Weighs Spinning Off Starlink Via IPO as Soon as 202  ( 35 min )

The euro should rise in 2024 as the U.S. economy slows, ING said, adding that EUR/USD strength should become more apparent from the second quarter onwards and end the year at 1.15.  ( 27 min )

Western investors in Russian companies are bracing for a new presidential decree under consideration in Moscow which they fear could force them to sell their shareholdings to the Russian government at big discounts. The potential decree, which could give Russia a "super pre-emptive right" to buy shares in strategic companies from foreign shareholders, marks the latest blow to investors holding Russian assets that were worth several billions of dollars prior to February 2022. Russia has been trying to cut foreign ownership and influence over its biggest listed companies since President Vladimir Putin ordered troops into Ukraine, triggering sweeping Western sanctions.  ( 35 min )

(Bloomberg) -- Investors in Alibaba Group Holding Ltd. are showing little signs of optimism ahead of the Internet giant’s third-quarter results later today.Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedTrudeau Faces Calls to Exit With His Party Trailing in PollsSpaceX Weighs Spinning Off Starlink Via IPO as Soon as 2024Rolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThe stock slid immedi  ( 34 min )

Here is your Pro Recap of the biggest analyst picks you may have missed since yesterday: upgrades at Target, Intel, Tencent Music Entertainment Group , and a Buy initiation at Wayfair. Mizuho Securities upgraded Intel (NASDAQ:INTC) to Buy from Neutral and raised its price target to $50.00 from $37.00. The analysts cited several reasons for this upgrade.  ( 35 min )

Despite Eli Lilly's monster 66.8% gain on the year because of weight-loss drugs, the S&P 500 Pharmaceuticals index is down 2.3%.  ( 27 min )

(Bloomberg) -- Chinese stocks slid following a much-anticipated meeting between Presidents Joe Biden and Xi Jinping, as traders saw only modest progress in the strained ties and as fresh data renewed concern over the world’s second-largest economy. Most Read from BloombergBiden, Xi Declare Progress After Concluding Four-Hour SummitIsrael Latest: Biden Defends Hospital Raid, Says Hamas UnbowedTrudeau Faces Calls to Exit With His Party Trailing in PollsRolex, Patek Prices Hit Fresh Two-Year Lows:  ( 34 min )

In the constantly evolving tech industry, tech giant Microsoft (NASDAQ:MSFT) has found a way to stay relevant year after year. Microsoft is undoubtedly one of the best businesses in the world, and financial metrics prove this, but that doesn’t necessarily mean you should buy its stock. Near an all-time high, Microsoft’s valuation just doesn’t make sense. Therefore, we are neutral on the stock. The Numbers Point Toward an Amazing Business There are several ways one could analyze Microsoft stock a  ( 36 min )

Stocks that are under-earning and trading below historical averages may benefit if inflation continues to cool, according to Wolfe Research.  ( 23 min )

"All big rallies start with a golden cross, but not all golden crosses lead to a big rally," technical analyst Ari Wald of Oppenheimer has said.  ( 34 min )

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"In equities, we retain a defensive stance and are unwilling to chase the past two weeks' rally," JPMorgan's Marco Kolanovic wrote.  ( 35 min )

(Reuters) -Oil prices fell more than $3 a barrel on Thursday, extending losses from the previous session, as investors in New York responded to signals of higher supply in the United States and expectations of weak energy demand in China. Both benchmarks dropped by more than 1.5% in the previous session. "Clearly, the decline in crude oil prices and the weakening of the structure is an ominous sign; one that implies an oversupplied physical market," said Tamas Varga of oil broker PVM.  ( 34 min )

Investing.com-- Hong Kong-listed shares of Alibaba Group (HK:9988) (NYSE:BABA) fell on Thursday in anticipation of a quarterly earnings report which is expected to show whether the e-commerce giant weathered a downturn in China.  ( 35 min )

The S&P 500 advanced for a third-straight session as the index ticked 0.1% higher on Thursday, Nov. 16 2023, following a mix of analyst ratings upgrades and warnings about customer spending from several big firms.  ( 1 min )

Shares of online car sellers including Cars.com, CarMax, Carvana, and other online auto sellers tumbled on Thursday after Amazon announced the online retailer would sell cars starting in 2024.  ( 1 min )

While home builder sentiment hasn’t been this low since December 2022, interest rates could potentially fall and boost the housing market in the months ahead.  ( 1 min )

The recent rally for U.S. equities sputtered at midday on Thursday, Nov. 16, 2023 after several companies warned about customer spending.  ( 1 min )

Stock futures fell in premarket trading Thursday, putting the major indexes on track to retreat from their highest levels in months after disappointing earnings reports from Walmart and Cisco.  ( 1 min )

Last week, when Moody’s Investor Service said the U.S. government was at risk of losing its last gold-plated credit rating, markets met the news with a yawn. Here’s why.  ( 1 min )

Walmart reported an increase in its third-quarter sales after a jump in e-commerce sales and Cisco shares plunged after its quarterly guidance came up short as product orders slowed. Here’s what investors need to know today.  ( 1 min )

Thanksgiving dinner will cost less this year, compared to 2022. Investopedia analyzed data from the USDA to see how much turkey and other Thanksgiving staples will cost you this year. Thanksgiving dinner will cost less overall but some items are still slightly pricier than last year.  ( 18 min )

Unrecaptured section 1250 gain is an IRS tax provision where depreciation is recaptured when a gain is realized on the sale of depreciable real estate.  ( 24 min )

A growing number of student loan borrowers in dire financial straits are discharging their debts through bankruptcy—a feat that was nearly impossible until the administration of President Joe Biden changed the rules last year.  ( 19 min )

Schedule C accompanies IRS Form 1040 and is used to report income or loss from a business or profession practiced as a sole proprietor.  ( 24 min )

Officials at the Federal Reserve aren’t ready to do a victory lap in the wake of this week’s reports showing tamer price increases than expected—but they are acknowledging progress.  ( 19 min )

Shares of online car sellers including Cars.com, CarMax, Carvana, and other online auto sellers tumbled on Thursday after Amazon announced the online retailer would sell cars starting in 2024.  ( 17 min )

A domicile is a home acquired with the intent to remain indefinitely. Learn how your domicile impacts many legal issues, including the taxes you pay.  ( 25 min )

The S&P 500 advanced for a third-straight session as the index ticked 0.1% higher on Thursday, Nov. 16 2023, following a mix of analyst ratings upgrades and warnings about customer spending from several big firms.  ( 17 min )

Hyundai and Amazon have announced a partnership to sell vehicles online, with the automaker utilizing the AWS cloud.  ( 17 min )

A tax year is the 12-month calendar period covered by a taxpayer's annual tax return.  ( 25 min )

Macy's shares took off after the department store chain beat profit and sales estimates as it increased margins, cut costs, and reduced inventory.  ( 17 min )

A surcharge is a fee, charge, or tax added but may not be included in the stated price of a good or service.  ( 25 min )

Despite being the last of the Big Three U.S. automakers to reach a tentative agreement, GM workers were the first to ratify it.  ( 17 min )

You can use a $35,000 personal loan for almost anything, with a few exceptions. Learn what you can fund with a $35,000 and what is excluded.  ( 25 min )

Tax-exempt is to be free from, or not subject to, taxation by regulators or government entities. Discover more about what it means to be tax-exempt here.  ( 26 min )

Palo Alto Networks shares slumped after the cybersecurity firm’s billings and current quarter guidance missed estimates as customers changed their IT spending.  ( 17 min )

Rates on 30-year mortgages are moving wildly this week—first dropping almost a third of a point two days ago, but then reversing course yesterday with a big climb.  ( 19 min )

While home builder sentiment hasn’t been this low since December 2022, interest rates could potentially fall and boost the housing market in the months ahead.  ( 18 min )

Want to trade forex using bitcoin? Consider the risks and benefits before you hazard your hard-mined bitcoins in the currency markets.  ( 26 min )

A 1099-INT is the tax form used to report interest income to investors and the IRS.  ( 30 min )

A sharp increase in unemployment claims last week has raised the question: is it just a temporary blip, like an earlier uptick this summer, or the first chills of widespread layoffs?  ( 18 min )

Walmart (WMT)'s third-quarter earnings solidly topped analyst predictions as the company posted strong advertiser sales to third-party sellers on its marketplace, despite lackluster consumer spending and reduced grocery sales.  ( 17 min )

The recent rally for U.S. equities sputtered at midday on Thursday, Nov. 16, 2023 after several companies warned about customer spending.  ( 17 min )

Alibaba canceled its planned spinoff of its cloud computing arm, citing uncertainty following new U.S. export restrictions to China.  ( 17 min )

Cisco Systems reported a slowdown in new product orders and shares plummeted.  ( 18 min )

By investing at a younger age, you can harness the power of compounding—not penny-pinching—for profit.  ( 25 min )

A tax refund is a state or federal reimbursement to a taxpayer who overpaid the taxes that they owed for the year, often by having too much withheld from their paychecks.  ( 27 min )

The tax rules for stock options are complex. If you receive stock options, talk with your tax advisor to determine how these tax rules affect you.  ( 24 min )

Some gifts that a small business owner gives to their employees may be taxable, while others are not. Here's how to know the difference and understand record-keeping requirements and best practices.  ( 23 min )

The IRS can seize your tax refund to offset any of six categories of personal debt that you may have incurred but you may have options. Here's what you can do about it.  ( 24 min )

A 1099-B is the tax form that individuals receive from their brokers listing their gains and losses from transactions made throughout the tax year.  ( 28 min )

A tax holiday is a temporary tax reduction or elimination for consumers or businesses that is offered through a federal or state government incentive program.  ( 24 min )

Black Friday, the day after Thanksgiving, not only provides deals for shoppers but useful data for economists about the state of Americans' consumer confidence.  ( 26 min )

The Phillips curve is an economic theory that inflation and unemployment have a stable and inverse relationship.  ( 24 min )

Shrinkflation is a form of inflation, most common in food and beverage, that consists of reducing a product's size while maintaining its retail price.  ( 27 min )

Deflation is the decline in prices for goods and services that happens when the inflation rate dips below 0%.  ( 26 min )

Here are the best online brokerage accounts and trading platforms with low costs and fees plus the best trading experience, mobile apps, and more.  ( 36 min )

Learn how the tax laws apply to the proceeds earned from the sale of a home.  ( 30 min )

Last week, when Moody’s Investor Service said the U.S. government was at risk of losing its last gold-plated credit rating, markets met the news with a yawn. Here’s why.  ( 19 min )

Interest rates are based on supply and demand. They also vary based on the terms of the loan provider and the amount of time for repayment.  ( 22 min )

The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 33 min )

Ring-fencing is a way of creating a virtual barrier that segregates part of an individual's or company's financial assets from the rest.  ( 21 min )

Walmart reported an increase in its third-quarter sales after a jump in e-commerce sales and Cisco shares plunged after its quarterly guidance came up short as product orders slowed. Here’s what investors need to know today.  ( 18 min )

A genuine progress indicator (GPI) is a metric that measures the economic growth of a country. It is an alternative to gross domestic product (GDP).  ( 27 min )

Annualized income is an estimate of the amount of money that an individual, business, or investment asset will earn over the course of a year.  ( 23 min )

Winkeliers zien al zes kwartalen op rij minder producten over de toonbank gaan. Vooral kleding en schoenen worden minder gekocht. Alleen door prijsverhogingen weten ze hun omzetten nog te laten stijgen. Ondertussen loopt het aantal winkelsluitingen op.  ( 9 min )

Terwijl LEGO-blokjes tijdens de coronapandemie niet aan te slepen waren, worden de steentjes tegenwoordig steeds vaker van de hand gedaan via verkoopsites voor tweedehands spullen. Op veilingsite Catawiki zijn er nog wel LEGO-fans te vinden.  ( 9 min )

De storing in het inchecksysteem voor ov-fietsen is verholpen. Door de storing was het donderdag een groot deel van de dag niet mogelijk om de fietsen te huren. De problemen zijn rond 14.30 uur verholpen.  ( 9 min )

The Guardian heeft een ruim twintig jaar oude brief van Osama Bin Laden van zijn website gehaald. De tekst, waarin Bin Laden uitlegt dat zijn oorlog tegen de Verenigde Staten deels door hun steun aan Israël komt, werd de afgelopen dagen ineens veel gedeeld op TikTok.  ( 10 min )

Een Utrechtse bakker die claimt de uitvinder van de crompouce te zijn, maakt weinig kans in een juridische strijd tegen na-apers van de kruising tussen een croissant en tompouce. De crompouce is als merk niet onderscheidend genoeg, stellen juristen.  ( 10 min )

Automobilisten merken dat brandstofprijzen dalen en rijden opgelucht weg na het tanken. De prijs van een liter benzine is gezakt naar het laagste niveau sinds half juli, vlak nadat de accijnzen waren verhoogd. Ook diesel wordt steeds goedkoper.  ( 9 min )

Het Duitse bedrijf HelloFresh werd donderdag ruim een vijfde minder waard op de beurs in Frankfurt. Het is het grootste koersverlies voor de bezorger van maaltijdboxen sinds de beursgang in 2017.  ( 9 min )

Twee pensioenfondsen investeren de komende tijd samen 400 miljoen euro in de bouw van vijftienhonderd huurwoningen. Het moeten betaalbare huizen worden met een huur van tussen de 650 en 960 euro per maand.  ( 8 min )

De Europese Commissie heeft besloten om het omstreden bestrijdingsmiddel glyfostaat nog eens tien jaar toe te staan. Wel schrijft de commissie een aantal nieuwe voorwaarden en beperkingen voor.  ( 9 min )

Het is donderdag niet mogelijk om ov-fietsen te huren. Er is volgens de NS een storing in het systeem waarmee ov-fietsen in- en uitgecheckt worden. Het is wel mogelijk om een ov-fiets in te leveren.  ( 8 min )

De staat New York heeft frisdrank- en snackproducent PepsiCo woensdag aangeklaagd. Het Amerikaanse concern wordt beschuldigd van milieuvervuiling en het in gevaar brengen van de volksgezondheid met zijn plastic flessen, doppen en verpakkingen.  ( 8 min )

Amerikaanse overheidsdiensten hoeven niet vlak voor de feestdagen te sluiten. Dat is het resultaat van een akkoord over de begroting. Zonder het akkoord zouden tal van diensten dicht moeten en krijgen miljoenen ambtenaren geen loon.  ( 9 min )

In Nederland waren eind vorige maand 361.000 mensen werkloos, wat neerkomt op 3,6 procent van de beroepsbevolking. Dat is iets minder dan de 3,7 procent van een maand eerder. Dat meldt statistiekbureau CBS donderdag.  ( 8 min )

Omwonenden van Tata Steel dreigen met een rechtszaak tegen de provincie Noord-Holland als die niet meer boetes int bij de staalfabrikant. Volgens omwonendengroep Frisse Wind wordt een bestaand verbod op schadelijke uitstoot bij de kooksfabrieken van het bedrijf onvoldoende gehandhaafd.  ( 12 min )

Macy's shares took off after the department store chain beat profit and sales estimates as it increased margins, cut costs, and reduced inventory.  ( 1 min )

Hyundai and Amazon have announced a partnership to sell vehicles online, with the automaker utilizing the AWS cloud.  ( 1 min )

Despite being the last of the Big Three U.S. automakers to reach a tentative agreement, GM workers were the first to ratify it.  ( 1 min )

Alibaba canceled its planned spinoff of its cloud computing arm, citing uncertainty following new U.S. export restrictions to China.  ( 1 min )

The Gates Foundation Trust and Bridgewater Associates built stakes in Nvidia last quarter, but other top investors pared or exited their bets.  ( 35 min )

This isn't the first time Taylor Swift has occupied the head space of Wall Street forecasters and economists this year.  ( 35 min )

Today's best CD rates are 6.18% from Bayer Heritage Federal Credit Union, 5.80% from Seattle Bank and Credit Human, and 5.76% from TotalDirectBank and Dow Credit Union.  ( 21 min )

Alibaba is expected to report earnings of $2.11 a share on revenue of $31 billion in the September quarter.  ( 23 min )

(Bloomberg) -- Cisco Systems Inc., the largest maker of computer networking equipment, plunged in late trading after giving a disappointing forecast, adding to concern that corporations are reining in their technology spending.Most Read from BloombergBiden, Xi Open Talks Stressing Need to Fix US-China TensionsS&P 500 Tops 4,500 as Treasury Euphoria Dwindles: Markets WrapRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USSpaceX Wei  ( 35 min )

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SpaceX could try to launch the fully reusable Starship rocket as soon as Friday.  ( 25 min )

Lawyers for the founder of truckmaker Nikola Corp. say he should not face incarceration because his fraud conviction is nothing like the fraud that landed Theranos founder Elizabeth Holmes in prison. The lawyers told a Manhattan federal court judge in a filing late Tuesday that Trevor Milton never acted in a “greedy or mean-spirted way” as he built a pioneering company looking to take the battery- and hydrogen-electric trucking world to new heights. Milton, 41, was convicted last year of fraud for duping investors with exaggerated claims about his company’s production of zero-emission trucks.  ( 35 min )

Reports from Palo Alto and Cisco are going to raise new concerns about the strength of corporate IT spending.  ( 22 min )

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Cisco Systems cut its annual revenue forecast on Wednesday, a sign that demand for its networking equipment was slowing in an uncertain economy. For the full year, the company said it expects revenue between $53.8 billion and $55.0 billion, and adjusted per-share earnings between $3.87 and $3.93. Cisco had previously forecast annual revenue of $57.0 billion to $58.2 billion, and adjusted per-share earnings of $4.01 to $4.08.  ( 33 min )

New analysis from Goldman Sachs shows how a record consolidation at the top of the S&P 500 led to much of the index's 2023 gains.  ( 36 min )

The latest Federal Reserve study revealed a concerning trend among American households, particularly those outside the wealthiest 20%, according to a Bloomberg report. Since the onset of the COVID-19 pandemic, they have depleted their extra savings and have less liquid assets than they had before the pandemic began. If this is you, consider speaking to a financial advisor. As of June, the bottom 80% of households by income, when adjusted for inflation, had lower bank deposits and other liquid as  ( 35 min )

Mobile phone discounts are out; fertility benefits are in, a new Glassdoor survey reveals.  ( 34 min )

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Broadcom, Inc. (AVGO) shares have catapulted 74% in 2023. When you study the money flow picture, it’s obvious why.  ( 34 min )

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New York Attorney General Letitia James announced a lawsuit against PepsiCo Inc. on Wednesday, accusing the soda-and-snack food giant of polluting the environment and endangering public health after its single-use plastics were found along the Buffalo River. The lawsuit filed in state Supreme Court aims to require PepsiCo and its subsidiaries, Frito-Lay Inc. and Frito-Lay North America Inc., to clean up its mess, where its single-use plastic packaging including food wrappers and plastic bottles have found a way to the shores of the Buffalo River and watershed, contaminating drinking water supply for the city of Buffalo.  ( 35 min )

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Zim’s headline loss looks ugly, but most of the decline was non-cash and it still has ample reserves to weather the downcycle. The post Massive impairment charge drags shipping line Zim to $2.3B loss appeared first on FreightWaves.  ( 37 min )

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The House of Mouse reportedly has another activist at its doors. Walt Disney shares were up 3.5% on Wednesday following a report from CNBC's Activist Spotlight that said ValueAct Capital has built a significant stake in the entertainment firm. Disney and ValueAct didn't immediately return _Barron'  ( 15 min )

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According to Berkshire's 13F report, which discloses its holdings, the company purchased nearly 9.7 million shares in Sirius XM with a market value of about $43.8 million in its September quarter.  ( 36 min )

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Treasury floating-rate securities have two-year maturities and have a rate that adjusts each week based on the weekly auction of three-month T-bills. They are an alternative to U.S. Treasury bills.  ( 24 min )

It's filing season for a string of major hedge funds, and big tech names like Apple, Microsoft, and Nvidia were among the most-traded equities in the third quarter.  ( 24 min )

Retirement, ideally a period of relaxation and enjoyment after years of hard work, is often envisioned as a time to pursue hobbies, travel or simply unwind. But for many, this phase of life is marred by financial worries, transforming what should be a golden era into a source of dread. A recent study from Zety sheds light on this growing concern, revealing that 40% of Americans fear retirement more than death, primarily because of financial insecurities. Don't Miss: How Much Cash Can I Expect To  ( 34 min )

After revisiting 8% territory for one day, 30-year mortgage rates plunged Tuesday, dropping almost a third of a point. Rates moved dramatically downward for many loan types.  ( 21 min )

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(Bloomberg) -- Electric-vehicle maker Rivian Automotive Inc. released what would usually be a startling announcement for the municipal-finance market: A potential $15 billion bond for a Georgia campus, that would in theory be the largest ever muni sale and nearly the size of the company’s market cap.Most Read from BloombergRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USUS Frustration With Israel Grows as Gaza Civilian Deaths M  ( 36 min )

Low- and middle-income workers who aren't covered by a workplace retirement savings plan would get access to the federal Thrift Savings Plan, under a bipartisan bill introduced in the U.S. Senate recently. "Americans who work hard their entire lives deserve to retire with dignity," Sen. John Hickenlooper, D-CO, said in a statement. "This bill helps […] The post This New Federal Proposal Could Give You a 5% Match on Your Retirement Contributions appeared first on SmartReads by SmartAsset.  ( 35 min )

(Bloomberg) -- Nvidia Corp. is on pace to rise for a record 11th consecutive session even as at least one technical signal flashes a warning that the stock’s rally is showing signs of overheating.Most Read from BloombergRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapUS Frustration With Israel Grows as Gaza Civilian Deaths MountIsrael Latest: Troops Reported Inside  ( 34 min )

The Omaha conglomerate made an investment in the company that controls Atlanta's baseball team after the Braves split from Liberty Media, a longtime Berkshire holding.  ( 37 min )

If you’re investing successfully, then it might be nice to see the total value of those investments growing over time, but are you aware that significant growth can put you in a higher tax bracket? This is one way that many people end up owing a lot more tax than they anticipate. Long-term capital gains […] The post Can My Capital Gains Push Me Into a Higher Tax Bracket? appeared first on SmartReads by SmartAsset.  ( 36 min )

Warren Buffett-led conglomerate Berkshire Hathaway requested one or more of its equity holdings be kept confidential. Big holdings in Apple, Bank of America, and Coca Cola were unchanged.  ( 29 min )

Investing in dividends is a strategy that can yield significant benefits, particularly for those seeking a consistent source of income. Companies that pay dividends are often established entities with a history of generating profits. These profits are shared with shareholders in the form of dividends, providing them with regular income. This type of investment could […] The post Dividend Investing: Is It Worth It? appeared first on SmartReads by SmartAsset.  ( 35 min )

Off-price retailer TJX says it expects fiscal fourth-quarter earnings between $1.07 and $1.10, while Wall Street expected $1.12.  ( 19 min )

Target's shares jumped after the retailer said profits rose sharply in the third quarter, comfortably exceeding Wall Street forecasts. The stock advanced nearly 16%, and stood at about $129 a s  ( 23 min )

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(Bloomberg) -- Billionaire Stanley Druckenmiller’s family office led investment firms for the world’s rich in trimming artificial intelligence bets last quarter, pocketing gains from one of this year’s hottest trends.Most Read from BloombergRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USUS Frustration With Israel Grows as Gaza Civilian Deaths MountWorld’s Best Performing Office Market Has Occupancy of Over 98%S&P 500 Up 2% as  ( 35 min )

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Michael Burry, the famed “The Big Short” investor, looks to be narrowing his bearish call on U.S. stocks overall down to one of the buzziest areas in the market.  ( 23 min )

Big holdings in Apple, Bank of America, and Coca Cola were unchanged.  ( 22 min )

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U.S. retail sales fell in October, though by less than expected, after months of strong gains, pointing to slowing demand that could further strengthen expectations that the Federal Reserve is done hiking interest rates. Retail sales slipped 0.1% last month, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales would fall 0.3%.  ( 33 min )

JD.com reports earnings of 92 cents a share on revenue of $34.2 billion in the third quarter.  ( 22 min )

October's retail sales report comes as investors have recently cheered signs of slowing economic activity coinciding with falling inflation.  ( 35 min )

Goodyear said the board is considering both internal and external candidates to succeed Kramer, who has served as the CEO since 2010. The company will pursue strategic alternatives for its chemical business, its Dunlop brand and its Off-the-Road equipment tire business. Goodyear expects gross proceeds in excess of $2 billion from its portfolio optimization initiatives and a doubling of segment operating margin to 10% by the fourth quarter of 2025 from about 5% currently.  ( 34 min )

TJX beat Wall Street estimates for the third quarter, but its guidance failed to impress investors ahead of what’s expected to be a tepid holiday shopping season. The off-pric  ( 23 min )

Target sales fell in the period just before the holiday shopping season as it grappled with choosy shoppers cutting spending on some products and visiting stores less often.  ( 29 min )

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1 in 4 charitable dollars goes into 'dark money' funds that have no obligation to actually donate to charity—but their donors still get all the benefits  ( 36 min )

Advance Auto Parts estimates fiscal-year earnings of $1.40 to $1.80 a share, well below previous guidance.  ( 20 min )

Chinese electric-vehicle maker XPeng announced an adjusted loss of $380 million from sales of $1.2 billion. Wall Street was looking for a $400 million loss and sales of $1.1 billion, respectively.  ( 23 min )

Stocks soar after the CPI inflation data boosts bets that the Fed is done with hiking rates and could start cutting them next year.  ( 34 min )

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Target's earnings handily beat estimates, but the outcome for the holiday shopping season remains cloudy at best.  ( 36 min )

Tapping into your retirement savings before age 59.5 typically triggers a 10% early withdrawal penalty in addition to the income taxes you'll owe. Using Internal Revenue Service Rule 72(t) can help you generate income from your nest egg in your 50s or earlier without paying that penalty. If you use it, you'll still have to […] The post I Have Enough in My Retirement Accounts. Can I Use Rule 72(t) to Retire Early? appeared first on SmartReads by SmartAsset.  ( 35 min )

I'm 54 with 26 years of service as a nurse. We go by the rule of 80 (your age plus years of service = 80) on our retirement plan. It will cover my health insurance. My pension will be around $7,000 per month minus taxes. I have a combined $750,000 in a 403(b) and Roth […] The post Ask an Advisor: I'm a 54-Year-Old Nurse With $1 Million in Assets and a $7k Monthly Pension. Can I Retire Now? appeared first on SmartReads by SmartAsset.  ( 36 min )

Target's earnings smash estimates, Berkshire Hathaway purchases a stake in Sirius XM in the third quarter, and Advance Auto Parts slumps after a surprise quarterly loss.  ( 24 min )

Citadel founder Ken Griffin says managers are less likely to fight for remote and hybrid workers in a layoff process.  ( 34 min )

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XPeng’s losses widened in the third quarter, even as vehicle sales jumped and the Chinese electric-car maker forecast a near-doubling of revenue in the final quarter of the year.  ( 27 min )

Big holdings in Apple, Bank of America, and Coca Cola were unchanged.  ( 23 min )

Citi will begin informing employees Wednesday about job cuts, CNBC reported. Meanwhile, Wells Fargo is cutting 40 to 50 corporate and investment banking jobs.  ( 35 min )

Chinese e-commerce giant JD.com beat analyst estimates for quarterly profit and revenue, helped by a better performance in its main business lines and cost controls.  ( 27 min )

(Bloomberg) -- JD.com Inc. posted a stronger-than-expected 1.7% rise in quarterly revenue, after heavy promotional spending propelled online transactions in the face of intense competition.Most Read from BloombergRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapIsrael Latest: Troops Reported Inside of Gaza Hospital CompoundTrump Insists on ‘Disclaimer’ Defense Alrea  ( 35 min )

Alstom said it planned to scrap its dividend and cut around 1,500 jobs as part of a cost-savings plan, but shares fell sharply and could remain volatile until the question of whether it will raise capital is resolved, analysts said.  ( 26 min )

Infineon met its fiscal 2023 targets and proposed a higher dividend after beating expectations for net profit and revenue in the fourth quarter.  ( 26 min )

Cisco faces a tough operating environment. Telecommunications equipment providers have been seeing soft demand,  ( 25 min )

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(Bloomberg) -- Financial results from Tencent Holdings Ltd. and Alibaba Group Holding Ltd. will likely test the strength of a $44 billion rally in China’s technology sector this month.Most Read from BloombergS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USBiden, Xi to Announce China’s Crackdown on Fentanyl TradeTrump Insists on ‘Disclaimer’ Defense Already Tossed i  ( 35 min )

In redesigning the popular midsize car, Toyota is ditching a gas-only version as it works to expand hybrid options across its lineup.  ( 29 min )

Berkshire’s stock portfolio is concentrated in five companies: Apple, Bank of America, American Express, Coca-Cola and Chevron.  ( 28 min )

The changes were disclosed in a regulatory filing that detailed Berkshire's U.S.-listed stock holdings, which comprise most of its $318.6 billion equity portfolio, as of Sept. 30. Berkshire sold $7 billion of stocks and bought just $1.7 billion in the third quarter, a down period for its stock holdings led by Apple, whose share price fell 12%.  ( 33 min )

America's huge debt balance is worrying economists - but the situation may not be as bad as it sounds.  ( 35 min )

Michael Burry's Scion Asset Management bought bearish put options on a semiconductor ETF that counts Nvidia among its largest holdings.  ( 34 min )

U.S. crude stocks rose by 3.6 million barrels in the last week to 421.9 million barrels, according to the U.S. Energy Information Administration (EIA), far exceeding analysts' expectations in a Reuters poll for a 1.8 million-barrel rise. American Petroleum Institute figures on Tuesday had showed rising crude oil and gasoline inventories last week, according to market sources. Weighing on demand however was China's oil refinery throughput that eased in October from the previous month's highs amid weakening industrial fuel demand and narrowing refining margins.  ( 35 min )

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Today's best CD rates are 6.18% from Bayer Heritage Federal Credit Union, 5.80% from Seattle Bank and Credit Human, and 5.76% from TotalDirectBank and Dow Credit Union.  ( 19 min )

Understand the difference between net income and adjusted net income, including which items factor into the adjustment and how these numbers are used.  ( 23 min )

Bill Ackman's Pershing Square Capital Management nearly doubled its stake in Alphabet's Class A shares in the third quarter, valuing the firm's full stake in the company, including investment in Class C shares, to $1.8 billion  ( 18 min )

Syringe maker Catalent said it expects to benefit from soaring demand for injectable weight-loss drugs, and shares surged.  ( 18 min )

A qualifying relative can be designated a dependent for tax purposes if financially supported by the taxpayer. Learn more about how this affects your taxes.  ( 24 min )

The S&P 500 posted gains of 0.2% on Wednesday, Nov. 15, 2023, with positive inflation news helping send U.S. equities higher.  ( 17 min )

Private equity (PE) firms have gained a great amount of influence in today's financial marketplace. Check out what they are and how they operate.  ( 30 min )

Form W-2 reports an employee's annual wages and the amount of taxes withheld from their paycheck. Here's why you need a W-2 and how it is used.  ( 31 min )

During a conference at Georgetown University on Wednesday, CFTC Chairman Rostin Behnam claimed that no legislative changes have been made to prevent another FTX.  ( 17 min )

Microsoft announced the Azure Maia AI Accelerator, a new AI chip to meet AI demand, and upgrades to its generative AI tool, Copilot.  ( 18 min )

Target (TGT) shares gained 18% Wednesday after the big-box retailer posted Q3 earnings that blew past analysts' expectations, though the company expects sales to be down again in the current quarter as consumers cut down on discretionary spending.  ( 18 min )

Shares of TJX tumbled after the retailer lowered its guidance for the key holiday quarter.  ( 17 min )

A principal residence is the home that a person inhabits and uses most of the time. Learn how this can impact your taxes when it's time to sell your property.  ( 24 min )

Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B) exited its positions in General Motors and Celanese Corp. (CE) in the third quarter but bought shares of Sirius XM and acquired a stake in Atlanta Braves Holdings—the owner of the namesake Major League Baseball (MLB) club.  ( 18 min )

If high mortgage rates are stopping you from house hunting—a pretty common boat to be in these days—there may be some relief on the horizon, a prominent economist predicted.  ( 18 min )

Generative AI, a form of artificial intelligence capable of generating text, images, or other media, has already impacted the world economy, with much more to come. Whether it has been a positive force depends primarily on one's economic status.  ( 27 min )

A utility patent is a patent that covers the creation of a new or improved—and useful—product, process, or machine.  ( 23 min )

David Tepper's hedge fund Appaloosa Management left positions in Apple (AAPL) and China-focused ETFs in the third quarter while raising its bets on other tech giants like Amazon (AMZN), Microsoft (MSFT) and Meta (META), according to a recently-filed 13-F report  ( 18 min )

If you travel for work, you may be able to deduct mileage expenses from your taxes. Find out if you qualify and how to document it.  ( 25 min )

IRA account holders receive Form 5498 which includes information about their contributions, rollovers, Roth conversions, and required minimum distributions.  ( 27 min )

The rally in U.S. equities continued at midday on Wednesday, Nov. 15, 2023, as a report on producer prices showed a slowdown in wholesale inflation.  ( 18 min )

Your retirement security depends on how well you built your nest egg. Find out how to get the most out of your 401(k) plan.  ( 30 min )

XPeng sold more EVs in the third quarter, but higher costs led to a wider loss in the period.  ( 17 min )

Lower prices and reduced spending help JD.com post better-than-expected third quarter results.  ( 17 min )

A transfer tax is a charge levied on the transfer of ownership or title to property from one individual or entity to another.  ( 24 min )

The European Union's executive arm said it expects the eurozone economy to rebound next year as inflation eases amid a robust labor market.  ( 17 min )

You can try to win big at the casino but make sure you understand tax laws before you do. Gambling winnings are taxable income but losses are deductible.  ( 26 min )

Learn the IRS rates and inflation adjustments for 2024 federal taxes—tax brackets, standard deductions, new IRA rules, and more.  ( 27 min )

Tax preparation fees depend on the complexity of your return, who completes it, and where you live.  ( 24 min )

After revisiting 8% territory for one day, 30-year mortgage rates plunged Tuesday, dropping almost a third of a point. Rates moved dramatically downward for many loan types.  ( 19 min )

Billionaire hedge fund manager Seth Klarman changed his mind on Amazon again, exiting a stake he took in the second quarter.  ( 17 min )

In its largest drop in more than three years, the wholesale-focused Producer Price Index showed prices decline 0.5%, driven lower by a 15.3% decrease in gasoline prices  ( 18 min )

A real estate investment group (REIG) invests by buying, selling, and financing real estate. Read how to get started investing in REIGs.  ( 27 min )

A high discount rate causes loans to be more expensive and encourages people to save more money. This could be considered contractionary monetary policy.  ( 22 min )

Target shares surged after it blew past quarterly earnings estimates on better sales of high-frequency categories and the government's monthly Producer Price Index is expected to show wholesale inflation slowing. Here’s what investors need to know today.  ( 18 min )

By the end of October, there were 20 times as many job postings mentioning generative AI-related keywords than when the year began.  ( 18 min )

Homeowners can use several tax credits and deductions, including the mortgage interest deduction and the SALT deduction, to reduce their tax bills.  ( 28 min )

The S&P 500 posted gains of 0.2% on Wednesday, Nov. 15, 2023, with positive inflation news helping send U.S. equities higher.  ( 1 min )

Bill Ackman's Pershing Square Capital Management nearly doubled its stake in Alphabet's Class A shares in the third quarter, valuing the firm's full stake in the company, including investment in Class C shares, to $1.8 billion  ( 1 min )

Warren Buffett's Berkshire Hathaway (BRK.A) (BRK.B) exited its positions in General Motors and Celanese Corp. (CE) in the third quarter but bought shares of Sirius XM and acquired a stake in Atlanta Braves Holdings—the owner of the namesake Major League Baseball (MLB) club.  ( 1 min )

Target (TGT) shares gained 18% Wednesday after the big-box retailer posted Q3 earnings that blew past analysts' expectations, though the company expects sales to be down again in the current quarter as consumers cut down on discretionary spending.  ( 1 min )

David Tepper's hedge fund Appaloosa Management left positions in Apple (AAPL) and China-focused ETFs in the third quarter while raising its bets on other tech giants like Amazon (AMZN), Microsoft (MSFT) and Meta (META), according to a recently-filed 13-F report  ( 1 min )

The rally in U.S. equities continued at midday on Wednesday, Nov. 15, 2023, as a report on producer prices showed a slowdown in wholesale inflation.  ( 1 min )

Billionaire hedge fund manager Seth Klarman changed his mind on Amazon again, exiting a stake he took in the second quarter.  ( 1 min )

Stock futures rose in premarket trading Wednesday, putting stocks on track to continue their climb after surging yesterday on signs inflation eased more than expected in October.  ( 1 min )

Target shares surged after it blew past quarterly earnings estimates on better sales of high-frequency categories and the government's monthly Producer Price Index is expected to show wholesale inflation slowing. Here’s what investors need to know today.  ( 1 min )

Syringe maker Catalent said it expects to benefit from soaring demand for injectable weight-loss drugs, and shares surged.  ( 1 min )

Microsoft announced the Azure Maia AI Accelerator, a new AI chip to meet AI demand, and upgrades to its generative AI tool, Copilot.  ( 1 min )

In het derde kwartaal zijn 11.200 vergunningen voor nieuwbouwhuizen afgegeven. Dat is 27 procent minder dan een kwartaal eerder en is het kleinste aantal in jaren. In het tweede kwartaal was er ook al een kleine krimp, meldt statistiekbureau CBS.  ( 9 min )

Vrije-uitloopeieren blijven ondanks de nieuwe ophokplicht vanwege de vogelgriep gewoon te koop. Toen kippen vorig jaar en in de eerste helft van 2023 binnen moesten blijven, konden boeren en winkels die eieren alleen nog verkopen als scharrelei. Dat hoeft van de EU nu niet meer.  ( 9 min )

De Europese Commissie wil het voor arbeidsmigranten van buiten de Europese Unie makkelijker maken om in EU-lidstaten aan de slag te gaan. Eén van de middelen is een banenwebsite speciaal voor werkzoekenden van buiten de EU en werkgevers die geen personeel kunnen vinden.  ( 9 min )

De economie van Oekraïne herstelt zich dit jaar goed van de impact van de Russische invasie. Volgens Eurocommissaris Paolo Gentiloni komt dat door de goede oogsten en internationale steun.  ( 8 min )

Een Utrechtse bakker zegt dat ze de nu razend populaire crompouce al in 2020 heeft bedacht. En omdat ze die kruising tussen een croissant en een tompouce als merk heeft geregistreerd, gaat ze de juridische strijd aan met na-apers.  ( 9 min )

De Europese Commissie wil het voor arbeidsmigranten van buiten de Europese Unie makkelijker maken om in EU-lidstaten aan de slag te gaan. Eén van de middelen is een banenwebsite speciaal voor werkzoekenden van buiten de EU en werkgevers die geen personeel kunnen vinden.  ( 9 min )

Het loket van het STAP-budget is vandaag om 10.00 uur voor de laatste keer geopend. Ruim elfduizend mensen hebben de vergoeding via het inschrijfportaal van het UWV aangevraagd. Binnen een uur was het potje van 10 miljoen euro leeg.  ( 8 min )

Er ging dinsdag een streep door de krimpplannen voor Schiphol, mede door druk vanuit de Verenigde Staten. Maar het is onzeker of Amerikaanse luchtvaartmaatschappijen hiervan profiteren. Mogelijk komt er geen extra ruimte voor vliegbedrijven zoals JetBlue op Schiphol.  ( 9 min )

Een groot onderzoek naar btw-fraude heeft vorige week geleid tot invallen in verschillende Europese landen. Ook in Nederland werden meerdere invallen gedaan, meldt het Europese openbaar ministerie (EPPO) woensdag.  ( 3 min )

Vijf Iraniërs die in de jaren tachtig slachtoffer werden van Iraakse gifgasaanvallen hebben recht op een schadevergoeding van het Nederlandse bedrijf Forafina. Een ander Nederlands bedrijf werd juist vrijgesproken.  ( 9 min )

Een "onafhankelijk bestuurlijk kopstuk" moet gaan helpen bij de afhandeling van schades aan huizen langs het Kanaal Almelo-De Haandrik. De provincie Overijssel wil deze en andere aanbevelingen uit het rapport van Mona Keijzer over het zogenoemde kanaaldrama overnemen.  ( 9 min )

De Britse inflatie is vorige maand afgenomen tot het laagste niveau in twee jaar. Dat is gunstig voor premier Rishi Sunak, die heeft beloofd de prijsgroei te beteugelen voor de verkiezingen in 2024.  ( 9 min )

De concentratie broeikasgassen in de atmosfeer is vorig jaar opnieuw snel gestegen. Voor het eerst zit er 1,5 keer zo veel CO2 in de lucht als voor het industriële tijdperk.  ( 9 min )

Installateurs plaatsen in 2023 naar verwachting een recordaantal van 167.000 warmtepompen. Dat is bijna 52 procent meer dan vorig jaar. De techniekbranche ziet ook steeds meer eigenaren van bestaande woningen overstappen op een warmtepomp.  ( 9 min )

Een groot onderzoek naar btw-fraude heeft vorige week geleid tot invallen in verschillende Europese landen. Ook in Nederland werden meerdere invallen gedaan, meldt het Europese openbaar ministerie (EPPO) woensdag.  ( 8 min )

Op Facebook verscheen woensdagochtend de melding dat vandaag de verkiezingen voor de Tweede Kamer worden gehouden. Daarmee is Facebook een week te vroeg, want pas op 22 november gaan we stemmen.  ( 9 min )

Chemiebedrijven moeten stoppen met het produceren van pfas, zeggen ruim vijftig institutionele beleggers. Ze roepen de topbestuurders van de vijftig grootste beursgenoteerde chemiebedrijven ter wereld op om deze stoffen te vervangen door veiligere alternatieven.  ( 9 min )

Twee Nederlandse ondernemers willen de concurrentie aangaan met Eurostar door een nieuwe treinverbinding op te tuigen. De zogeheten Heuro moet goedkoper worden en vaker rijden dan de de concurrent. Ook zou die tot aan Groningen doorrijden.  ( 9 min )

TikTok komt met de functie Add to Music App. Daarmee kunnen gebruikers nummers die ze via TikTok ontdekken opslaan bij hun favoriete streamingdienst. De service wordt eerst in de Verenigde Staten en het Verenigd Koninkrijk uitgerold. Later volgen andere landen.  ( 8 min )

De laatste 10 miljoen euro van het bekritiseerde STAP-budget wordt vandaag verdeeld. Het budget verdwijnt volgend jaar vanwege bezuinigingen. Ook was er kritiek omdat veel opleiders misbruik maakten van de regeling.  ( 11 min )

Het is de laatste keer dat mensen het STAP-opleidingsbudget kunnen aanvragen, dat maximaal 1.000 euro bedraagt. De regeling kreeg eerder veel kritiek, omdat het budget ook werd gebruikt voor snoepreisjes en cursussen die niets met werk te maken hadden.  ( 9 min )

TikTok komt met de nieuwe functie Add to Music App. Daarmee kunnen gebruikers nummers die ze via TikTok ontdekken, opslaan bij hun favoriete streamingdienst. De service wordt eerst in de Verenigde Staten en het Verenigd Koninkrijk uitgerold. Later volgen andere landen.  ( 8 min )

Het RIVM stelde ruim dertig jaar geleden al voor om onderzoek te doen naar de grafietregens in de omgeving van Tata Steel, blijkt uit onderzoek van NU.nl. Doordat het onderzoek nooit werd uitgevoerd, hoorden omwonenden pas in 2019 dat er schadelijke stoffen in zaten.  ( 12 min )

There’s no secret that markets experienced a decline from August to October, but November has proven to be a fruitful period for investors. The S&P 500 has surged by 7% this month, while the tech-focused Nasdaq has shown even stronger growth, with gains of approximately 10%. Watching the scene from Bank of America, chief investment strategist Michael Hartnett believes that there are compelling reasons to remain optimistic about the near-term outlook. Noting that investors have been worried about  ( 37 min )

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The best CD rates are often offered by smaller banks and credit unions. But right now, BMO—the 12th largest U.S. bank—is offering the highest nationwide rate in two CD terms.  ( 19 min )

Schwab’s integration of TD Ameritrade customers continues to weigh on its asset growth. Clients from TD Ameritrade pulled a net $4.8 billion of core assets in October, according to the company’s monthly report released Tuesday. All other Schwab customers added a net $16.1 billion. That brings core  ( 24 min )

JD.com reports third-quarter earnings Wednesday. The results could reinforce the bullish investment case for China at a tough time for the world’s second-largest economy.  ( 21 min )

C3 AI and Amazon expanded their strategic collaboration agreement to have C3 AI provide Amazon Web Services with artificial intelligence software.  ( 19 min )

(Bloomberg) -- Cathie Wood said that deflation is already underway in the US across industries and will force the Federal Reserve to kick off a big interest-rate cutting cycle.Most Read from BloombergS&P 500 Up 2% as Bets ‘Fed Is Done’ Sink US Yields: Markets WrapBiden, Xi to Announce China’s Crackdown on Fentanyl TradeRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexThailand Takes $28 Billion Malacca Strait Bypass Plan to USApple Gets 36% of Google Revenue in Search Deal, Expert Says“T  ( 35 min )

Although Truth Social aspires to compete with Big Tech, the conservative-friendly social network's financial performance has slumped badly.  ( 34 min )

Stocks soar after the CPI inflation data boosts bets that the Fed is done with hiking rates and could start cutting them next year.  ( 47 min )

Workhorse Group made progress toward scaling its electric truck business, but being shut out of California incentives dented revenue. The post Workhorse reports Q3 loss, may sell drone business appeared first on FreightWaves.  ( 35 min )

After wavering in the upper 7% range for a week and half, rates on 30-year mortgages jumped back to 8% territory Monday. The 5/6 ARM average also hit 8.00%.  ( 21 min )

The investor who famously shorted subprime mortgages during the 2008 financial crisis ended wagers against the S&P 500 and the Nasdaq 100  ( 35 min )

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(Bloomberg) -- Michael Burry’s investment firm closed its wager against the S&P 500 and Nasdaq 100 indexes and, as of the end of September, was betting against a basket of semiconductor stocks that includes Nvidia Corp., according to a regulatory filing Tuesday. Most Read from BloombergBiden, Xi to Announce China’s Crackdown on Fentanyl TradeThailand Takes $28 Billion Malacca Strait Bypass Plan to USWall Street Rallies on View Fed ‘Endgame’ Is Nigh: Markets WrapRolex, Patek Prices Hit Fresh Two-  ( 34 min )

Shareholders are hoping that the meeting between President Biden and Chinese President Xi Jinping at the APEC summit in San Francisco this week may provide the spark to prompt China to approve Broadcom’s merger deal with VMware.  ( 28 min )

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The Federal Reserve will slash borrowing costs by an eye-popping 275 basis points next year, the Swiss bank said Tuesday in a research note.  ( 34 min )

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The brokerage firm suffered from the loss of some TD Ameritrade clients and advisors.  ( 22 min )

GE announced the boards of directors for its coming spinoffs: its power-generation business, called GE Vernova, and GE's aviation business, dubbed GE Aerospace.  ( 23 min )

Stocks soar after the CPI inflation data boosts bets that the Fed is done with hiking rates and could start cutting them next year.  ( 43 min )

Jeff Bezos, the billionaire founder of Amazon.com Inc., is often cited as a quintessential success story. His journey from launching a bookstore in his garage with a loan from his parents to becoming the third-richest person in the world is nothing short of amazing. The former Amazon CEO shared his perspective on the nature of stress in leadership roles. During a 2020 fireside chat in Mumbai with actor Shah Rukh Khan and filmmaker Zoya Akhtar, Bezos offered insights that diverge from conventiona  ( 35 min )

Fisker shares are sliding over 20% in midday trade after the pure-play electric vehicle maker cut its production guidance and delayed the filing of its 10-Q due to finding “material weaknesses” in its internal financial controls.  ( 35 min )

(Bloomberg) -- Stocks climbed while bond yields sank as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is now over — and its next move will be a cut in mid-2024.Most Read from BloombergBiden, Xi to Announce China’s Crackdown on Fentanyl TradeThailand Takes $28 Billion Malacca Strait Bypass Plan to USS&P 500 Up 2% as Yields Tumble After CPI Surprise: Markets WrapRolex, Patek Prices Hit Fresh Two-Year Lows: Subdial IndexWall Street Divided Over Just H  ( 37 min )

Palantir Technologies stock has been on a tear this year, and the gains continued Tuesday as the shares traded near a two-year high.  ( 20 min )

Stocks soar after the CPI inflation data boosts bets that the Fed is done with hiking rates and could start cutting them next year.  ( 41 min )

Fear not: There are smart ways to ensure that your retirement nest egg keeps growing. Just be aware of the risks and be sure to read the fine print.  ( 30 min )

Investor sentiment is turning positive, as this month’s significant market gains roll on. The pace of inflation continues to decelerate, easing a major headwind, and the S&P 500 is up almost 17% year-to-date. Watching the market situation for Goldman Sachs, chief US equity strategist David Kostin notes that the sound third quarter earnings have provided additional support for the index’s recent gains, writing, “S&P 500 3Q earnings results were stronger than expected and represented the first qua  ( 38 min )

Home Depot customers are still straying away from bigger ticket items.  ( 35 min )

(Bloomberg) -- Donald Trump’s social-media business generated just $2.3 million in sales in the first half of the year on its way to a loss, underscoring the nascent company’s struggles as it pushes to close a deal that would make it publicly traded.Most Read from BloombergBiden, Xi to Announce China’s Crackdown on Fentanyl TradeThailand Takes $28 Billion Malacca Strait Bypass Plan to USWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts T  ( 35 min )

The electric vehicle maker is heading for a third day of gains.  ( 21 min )

Chinese companies are buying up U.S. chipmaking equipment to make advanced semiconductors, despite a raft of new export curbs aimed at thwarting advances in the country's semiconductor industry, a report said on Tuesday. The 741 page annual report, released by the U.S.-China Economic and Security Review Commission, takes aim at the Biden administration's Oct. 2022 export curbs, which seek to bar Chinese chipmakers from getting U.S. chipmaking tools if they would be used to manufacture advanced chips at the 14 nanometer node or below. The finding comes as the United States scrambles to figure out how Chinese telecoms giant Huawei was able to produce an advanced 7 nanometer chip to power its Mate 60 Pro smartphone at China's top chipmaker SMIC, despite the export curbs announced last year.  ( 34 min )

Tesla is taking an unusual step to make sure no one gets gouged buying a Cybertruck in the used car market.  ( 25 min )

Some financial products like life insurance or tax-advantaged retirement accounts require you to name one or more beneficiaries. However, that's not the case with many assets. For instance, you can buy a house or set up a savings account without … Continue reading → The post Differences of Beneficiary Designations vs. Wills appeared first on SmartAsset Blog.  ( 34 min )

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As macroeconomic data has come in cooler than expected, investors have become more bullish that the Fed's rate hikes are over, pushing them out of cash and into stocks and bonds.  ( 35 min )

The stock market is getting a jolt from the inflation report. This is not the kind of rally that will likely peter out.  ( 21 min )

The experts typically say that you’re better off delaying Social Security benefits. But that isn’t always the case.  ( 28 min )

Becoming a senior financial advisor can open up new avenues for career success. Taking on this type of role can also mean a significant increase in pay. But what's a typical senior financial advisor salary? The average is around $120,000 annually. However, salaries operate on a range with some advisors earning more and others earning […] The post How Much Do Senior Financial Advisors Make? appeared first on SmartReads by SmartAsset.  ( 36 min )

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The October inflation reading is seen as likely to influence the Fed's thinking on what's next for interest rates.  ( 38 min )

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U.S. consumer prices were unchanged in October amid lower gasoline prices, and underlying inflation showed signs of slowing, supporting views that the Federal Reserve was probably done raising interest rates. The unchanged reading in the consumer price index reported by the Labor Department's Bureau of Labor Statistics (BLS) on Tuesday followed a 0.4% rise in September. In the 12 months through October, the CPI climbed 3.2% after rising 3.7% in September.  ( 34 min )

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The October inflation reading is seen as likely to influence the Fed's thinking on what's next for interest rates.  ( 35 min )

October's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.  ( 35 min )

October's CPI report is one of the most important data points the Federal Reserve will consider in its next interest rate decision.  ( 34 min )

Home Depot customers are still straying away from bigger ticket items.  ( 35 min )

Nvidia stock is on pace to have its best year since 2001. Here's what's driving it.  ( 19 min )

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Canadian Solar posts third-quarter earnings of 32 cents a share, widely missing analysts' estimates of 82 cents.  ( 20 min )

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Beam, Wallbox, and ChargePoint have suffered in a tough operating environment amid higher interest rates and a slowing economy.  ( 23 min )

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Electric-vehicle start-up Fisker missed Wall Street expectations and cut full-year production guidance.  ( 23 min )

Chevron’s deal to buy Hess will unlock $15 billion worth of tax benefits that had once been relegated to the accounting dustbin, as the combined company takes advantage of Hess’s past losses to cut future payments, according to the company and tax experts. The tax shield is a little-known advantage to Chevron's mega-takeover of Hess struck last month. The tax benefits are expected to provide the No. 2 U.S. oil and gas producer hundreds of millions of dollars in extra annual cash flow over the next several years.  ( 35 min )

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Demand for home improvement has slowed and higher interest rates have discouraged Americans from embarking on renovations and home purchases.  ( 25 min )

(Bloomberg) -- Sea Ltd. swung back to a loss in the third quarter, hit by flagging consumption and intensifying competition from Alibaba and TikTok on its home turf.Most Read from BloombergBiden, Xi to Announce China’s Crackdown on Fentanyl TradeWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts Than What Markets Are PricingThailand Takes $28 Billion Malacca Strait Bypass Plan to USIsrael Latest: Biden Urges ‘Less Intrusive Action’ as Tro  ( 36 min )

Biden-Xi meeting set, Wall Street bonus season may be ugly, and other news to start your day.  ( 38 min )

Home Depot reported a decline in third-quarter sales, with consumers pulling back on high-dollar purchases and deferring major home-improvement projects. Same-store sales, which adjust for store openings and closings, fell 3.1% during the quarter but didn’t decrease as much as analysts expected. Th  ( 23 min )

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"This is definitely a short-term play for us, this isn’t a forever home," Dennis Stalmack says. "We bought with what was out there. But we’re not upset with it."  ( 35 min )

The October inflation reading is seen as likely to influence the Fed's thinking on what's next for interest rates.  ( 34 min )

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It's that time of year where market strategists talk about next year and make predictions. But this time, thanks to surging interest rates, forecasting what the Fed is going to do is taking center stage.  ( 36 min )

Investors appear to be taking the shifting picture in stride, partly because much of the responsibility appears to fall on Pfizer and Merck.  ( 28 min )

Fisker reports a wider-than-expected loss, Nvidia stock extends its winning streak to nine sessions, and Home Depot is scheduled to report third-quarter earnings.  ( 23 min )

The deal, which values the business at around $9 billion, would cap a lengthy saga and be one of the biggest in mining this year.  ( 28 min )

(Bloomberg) -- Investors turned the most bullish on bonds since the global financial crisis on “big conviction” that rates will move lower in 2024, according to the latest Bank of America Corp. fund manager survey.Most Read from BloombergWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts Than What Markets Are PricingBiden, Xi to Announce Deal for China to Crack Down on FentanylIsrael Latest: Biden Urges ‘Less Intrusive Action’ as Troops C  ( 35 min )

The chief executive of Vodafone has said the telecoms company’s transformation is “progressing” as her cost-cutting measures begin to pay off.  ( 35 min )

(Bloomberg) -- Glencore Plc agreed to buy a majority stake in Teck Resources Ltd.’s coal business for $6.93 billion, ending a months-long saga and setting the stage for the commodity giant to spin off its own coal unit.Most Read from BloombergWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts Than What Markets Are PricingBiden, Xi to Announce Deal for China to Crack Down on FentanylIsrael Latest: Biden Urges ‘Less Intrusive Action’ as Tro  ( 35 min )

Vodafone reiterated its full-year guidance after it reported lower profits for the first half of fiscal 2024, reflecting adverse foreign-exchange rate movements and business disposals in the prior year.  ( 25 min )

China ended an 11-year subsidy scheme for EV purchases in 2022, but some local authorities have continued to offer aid or tax rebates to attract investments as well as subsidies for consumers. EV sales in China, the world's largest auto market, increased 29% year-to-date in September. China is entering the final two months of the year which are seasonally high for vehicle sales, according to Rho Motion.  ( 34 min )

(Bloomberg) -- Maike Metals International Co., once one of the most powerful traders in China’s massive copper market, filed for bankruptcy after more than a year of debt struggles.Most Read from BloombergWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts Than What Markets Are PricingIsrael Latest: Yellen Sees Limited Global Economic Impact So FarChina Weighs Ending Freeze on Boeing With 737 Max Deal in USBiden, Xi to Announce Deal for Ch  ( 34 min )

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U.S. Treasury Secretary Janet Yellen on Monday pushed back on Moody's decision last week to cut its outlook on U.S. debt, saying the U.S. economy is strong and the Treasury market is both safe and liquid. "This is a decision I disagree with," she said at a news conference at the close of the APEC Finance Ministers' Meeting in San Francisco, California. The ratings agency on Friday lowered its outlook on the U.S. credit rating to "negative" from "stable," citing large fiscal deficits and a decline in debt affordability.  ( 33 min )

Low rates inflated the biggest credit bubble in history and it could "burn down the whole forest" if it bursts, hedge fund manager Mark Spitznagel said.  ( 35 min )

Trump had announced the launch of his social media app in Oct 2021, saying it would "stand up to Big Tech" companies such as Twitter and Facebook that previously barred him. In 2022, Truth Social posted a loss of $50 million, with net sales of just $1.4 million. Trump Media & Technology Group's (TMTG) independent registered public accounting firm has indicated that the financial condition raises substantial doubt as to its ability to continue as a going concern, according to the filing.  ( 34 min )

The taxable bonds would be issued by the Georgia Department of Economic Development and the Joint Development Authority of Jasper, Morgan, Newton and Walton Counties, according to an agreement on Nov. 9, it said in a securities filing, adding that Rivian has agreed to purchase bonds as they are issued. The company has agreed to pay a minimum of nearly $300 million in property tax payments through 2047. Rivian had said in 2021 that it plans to set up the Georgia plant and had said at the time that it would be commissioned by 2024.  ( 34 min )

The world’s fourth largest asset manager also slashed expense ratios for equity factor ETFs.  ( 33 min )

Plug Power CEO Andy Marsh painted a rosier picture of the company’s outlook in an interview with Yahoo Finance.  ( 35 min )

Having failed to find his dream job at a Chinese internet company upon graduation, Peter Liu settled for a role in a state library where there is so little need for his participation that he spends his time studying for a change in his career path. "It's really hard to get work at big companies," said the 24-year-old who majored in TV production at a Beijing university before moving back home in the central Henan province. Liu got the librarian job after a government-led campaign to secure temporary work for graduates, which analysts describe as a short-term solution to preserve social stability in a slowing economy with little on offer for young Chinese.  ( 35 min )

Total foreclosures and new foreclosure proceedings were down in October, but remained higher than at the same period last year.  ( 17 min )

Schedule A (Form 1040 or 1040-SR) is an IRS form for U.S. taxpayers who choose to itemize their tax-deductible expenses rather than take the standard deduction.  ( 24 min )

Today's best CD rates are 6.18% from Bayer Heritage Federal Credit Union, 5.80% from either Seattle Bank or Credit Human, and 5.76% from TotalDirectBank.  ( 19 min )

The best CD rates are often offered by smaller banks and credit unions. But right now, BMO—the 12th largest U.S. bank—is offering the highest nationwide rate in two CD terms.  ( 18 min )

The S&P 500 soared 1.9% on Tuesday, Nov. 14, 2023, as news about consumer prices raised optimism that the Fed may stop boosting interest rates to fight inflation.  ( 17 min )

Retiring by age 40 can be possible, but it requires careful financial planning and very aggressive saving.  ( 24 min )

C3 AI and Amazon expanded their strategic collaboration agreement to have C3 AI provide Amazon Web Services with artificial intelligence software.  ( 17 min )

With price increases moderating faster than expected, more experts began talking about when the Federal Reserve will cut interest rates, rather than how high it will raise them.  ( 19 min )

GM registered with the governing body of Formula 1 racing to be a power unit manufacturer starting in the 2028 season.  ( 17 min )

Starbucks union workers called for a walkout at Starbucks stores on Red Cup Day this Thursday, one of the chain's biggest promotional events of the season.  ( 17 min )

When you over-contribute to your 401(k) plan, notify your employer or plan administrator by March 1 of the year following the excess deferral.  ( 25 min )

After wavering in the upper 7% range for a week and half, rates on 30-year mortgages jumped back to 8% territory Monday. The 5/6 ARM average also hit 8.00%.  ( 19 min )

The deadline for 2023 tax returns is April 15, 2024, for most people. Learn about phase-outs, inflation adjustments, credits, deductions, and this year's rules.  ( 31 min )

Real estate investing and crowdfunding: are they a good mix?  ( 30 min )

Unearned income is income acquired from investments and other sources unrelated to employment.  ( 27 min )

President Joe Biden and Chinese Premier Xi Jinping will meet at the Asia-Pacific Economic Cooperation (APEC) on Wednesday, their first meeting in more than a year.  ( 18 min )

Amazon and Snap shares rose following reports of a deal which would allow users of Snap's Snapchat social media app to make purchases through Amazon.  ( 19 min )

Critical minerals such as cobalt, lithium nickel, and rare earth elements are essential in making everything from smartphones and laptops to electric cars. Here are the top critical minerals, their producers, and uses.  ( 27 min )

MACRS is a depreciation system allowed by the IRS for tax purposes.  ( 25 min )

U.S. equities soared at midday on Tuesday, Nov. 14, 2023 as consumer inflation came in lower than expected, raising optimism the Fed might not hike interest rates further to bring down prices.  ( 17 min )

Shares of Fisker plunged to an all-time low after the electric vehicle maker posted weaker-than-expected results and slashed its production outlook.  ( 18 min )

Real estate investing offers high potential returns. A Roth IRA offers tax-free growth and withdrawals. Here's how to decide which is right for you.  ( 29 min )

A 1035 exchange is a tax-free exchange of an existing annuity contract, life insurance policy, or endowment for another of like kind.  ( 28 min )

Here's how to invest directly in real estate projects through online crowdfunding.  ( 25 min )

Fear not: There are smart ways to ensure that your retirement nest egg keeps growing. Just be aware of the risks and be sure to read the fine print.  ( 30 min )

Home Depot reported better-than-expected third-quarter earnings even as weakened consumer demand led to a decline in sales.  ( 17 min )

Legislation allows non-accredited investors to participate in crowdfunded investments but limits do apply.  ( 26 min )

"The Marvels," the latest superhero movie released by Disney (DIS), earned $47 million on its opening weekend, the worst showing for a Marvel film in the franchise's 15-year run.  ( 19 min )

Consumer prices rose less than economists expected in October—In fact, by one important measure, they didn’t rise at all.  ( 18 min )

Understand how a value-added tax (VAT) works, how it differs from a sales tax, and the arguments for and against it.  ( 28 min )

The mill rate is the amount of tax payable per dollar of a property's value.  ( 24 min )

The Labor Department's latest report on consumer prices is expected to show inflation cooling and Stellantis is offering buyouts to nearly half of its non-union salaried U.S. employees. Here’s what investors need to know today.  ( 18 min )

Property taxes are calculated by multiplying your assessed home value and local tax rate. Learn more about what affects your property tax bill and calculation methods.  ( 27 min )

The S&P 500 soared 1.9% on Tuesday, Nov. 14, 2023, as news about consumer prices raised optimism that the Fed may stop boosting interest rates to fight inflation.  ( 1 min )

Amazon and Snap shares rose following reports of a deal which would allow users of Snap's Snapchat social media app to make purchases through Amazon.  ( 1 min )